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Home  >  New Jersey workers compensation attorneys  >  New York may raise state's workers' compensation rate to 7.7%

New York may raise state's workers' compensation rate to 7.7%

Posted on Friday, June 4th, 2010 at 7:51 am    

The New York Compensation Insurance Rating Board may increase the workers’ compensation rate to 7.7%. Before the agency raises the rate, it must hold a public hearing with New York State Insurance Department.

The public hearing is required by New York state law. The rate increases are meant to recover losses from 2009.

If you or anyone you know has questions about workers’ compensation benefits, contact the New Jersey workers’ compensation attorneys of Levinson Axelrod, P.A., at 800-346-5529.

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