Entries by Michael Stoop

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REMINDER: Site Safety Training Requirements Due Dec. 1, 2019

This is just a quick reminder to all our clients and friends that as of December 1st, 2019 per Local Law 196 of 2017, Site Safety Training or SST, workers at job sites requiring a Construction Superintendent, Site Safety Coordinator or Site Safety Manager must have a total of 30 hours of safety training by […]

NY Construction Payroll Limitation Increase Effective July 1st

On July 1st, 2019 New York construction payroll limitation will increase. The New York Compensation Insurance Rating Board has made an update to the construction industry payroll limitation. Effective July 1st, 2019 the limitation will increase from $1,401.17.  This new limitation applies to policies effective on or after July 1st, 2019.  For policies effective before July […]

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How The Insurance Marketplace Prices Your Construction Liability Policy

Do you want the secret in understanding how the insurance marketplace prices your construction liability insurance policy renewals? This is an instructional piece to be shared with your staff members in charge of assisting in the design and purchase of your insurance program. Throughout my 30 year career, I have found it especially advantageous to […]

5 Critical Tips On Avoiding a Very Expensive Education On Safety

Over a decade ago in May of 2008, a Crane collapsed in NYC that killed 2 construction workers. The Wall Street Journal and the New York Times both profiled the company owner Mr. James Lomma of NY Crane & Equipment Corp and the assistant district attorney, Eli Cherasky spoke on the matter saying “They were […]

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When An Employee Refuses Medical Injury Treatment For Potential Workers Compensation Claim

Is your employee refusing medical injury treatment for a potential worker compensation claim? Based on the geographic location of your business, many state workers’ compensation statutes limit and mandate certain employer actions when a worker is injured. Depending on the state, there are specific timelines to follow and forms to complete. But what about when a […]

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10 Storm Preparedness Tips for Business Continuity

Proper storm preparedness can help your organization continue to operate if an incident occurs within your offices that require your employees to transition to remote work.  A weather incident like Super Storm Sandy in 2011 taught us these tips on weather preparedness.  Transfer incoming business calls to an answering service ( located off the east […]

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Home Health Care Agencies Enjoy Lowest Workers Comp Rates For 2019 to 2020 Term In NY

If you own home health care agencies in NY State the loss cost assigned by the  NY Workers Compensation Rating Board governing the predominate labor class codes for Home Health Care Agencies have decreased by approximately 43% since 2017 for class code 9051,(Home Health Care Non_Professional Employees). The loss costs rates are released in July each […]