Can’t believe NYSID continues to keep its head in the sand and ignore the growing rate inadequacies. Looking forward to seeing the NY market implode, on top of an already shaky WC Security Fund. Who’ll be holding the bag?
The WC system must change-cut out 50% of the fraud and rates could probably be reduced across the board, nationally.
Get higher rates for sloppy, poorly managed insureds who have frequency claim problems.
There is much more to be done.
Watch out! Soon you will hear our governor bragging about keeping work comp rates stable. Meanwhile NYS credit rating is down the tubes, debt & taxes are at all time highs, and people leaving the state in droves. New York…you gotta love it.
Can’t believe NYSID continues to keep its head in the sand and ignore the growing rate inadequacies. Looking forward to seeing the NY market implode, on top of an already shaky WC Security Fund. Who’ll be holding the bag?
The WC system must change-cut out 50% of the fraud and rates could probably be reduced across the board, nationally.
Get higher rates for sloppy, poorly managed insureds who have frequency claim problems.
There is much more to be done.
Watch out! Soon you will hear our governor bragging about keeping work comp rates stable. Meanwhile NYS credit rating is down the tubes, debt & taxes are at all time highs, and people leaving the state in droves. New York…you gotta love it.