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N.Y. Workers' Comp Writers Seek 16% Rate Boost for October

East News • May 18, 2005
The New York Compensation Insurance Rating Board has submitted a filing for an average 16.1 percent rate increase effective Oct. 1, 2005. This filing came at the same time that the board withdrew ...

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Subject: Workers Compensation Rating Board Increase of 16%

Posted On: May 23, 2005, 3:37 pm CDT
Posted By: Troy Rosasco
Comment:
Workers' Comp is one of the carriers most profitable lines. The Rating Board is controlled by insurance company CEO's (ala AIG's Hank Greenberg). Spitzer is investigating AIG for cheating the WCB of millions. Once again, the small businessman will pay higher rates due to the overreaching of the WC insurance carriers. Of course, they will blame the increase on "those fraudulent claimants".
Subject Posted By Posted On
Workers Compensation Rating Board Increase of 16% Troy Rosasco
May 23, 2005, 3:37 pm
RE: N.Y. Comp Board filing Kenny "Rockefeller"
May 19, 2005, 11:47 am
N.Y. Comp Board filing PETE HANLEY
May 19, 2005, 7:09 am
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