Workers’ compensation is a significant cost for many medical groups. With the development in the cost of claims as well as the recent experience modification rating update, workers’ compensation continues to be an increasing cost in New York State.
By taking a proactive approach to winter safety and risk management, you can protect your workers and create a safe work environment regardless of the weather.
The Construction Premium Adjustment Program Credit, also known as the PAP Credit, is one of the most overlooked credits available to contractors.
Recently, New York State changed how the experience modification factor is calculated. This will impact nearly all employers who have workers’ compensation policies.
Workers’ compensation is one of a contractor’s largest insurance costs.
New York State employers may benefit again from an aggregate rate decrease to their workers’ compensation programs over the coming year.
If you’re a contractor, your job sites present the most consistent and, in most cases, the greatest potential for employee, subcontractor and visitor injuries.
Let’s talk about the three key elements of managing construction risks: Preventing of incidents; Responding to incidents; and Managing incident outcomes.