New York State

New York State is a diverse, large state that revolves around the largest metropolitan area in America, New York City. With this brings many businesses in different industries that need to be covered for all sorts of insurance, making New York a large place for insurance carriers and brokers.

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NY State Takes Huge Increase On NY State Workers Compensation Loss Costs

A Brief Note About Loss Costs: Several years back New York State went to a loss cost rating mechanism. Essentially this means that The N.Y. State Workers Compensation Rating Board sets what they deem as the appropriate "Base Loss Cost Rate"…