N.Y. Labor Law for Construction Doubling Rates, Scaring Away Carriers | PropertyCasualty360

New York needs to address the labor laws as respects workers compensation for the construction industry.

Insurance rates in the state have risen steadily over the past five years, since the New York lawmakers enacted statutes to its Workers Compensation Law to give broader rights to injured construction employees.

The construction industry may not make

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To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD. a major comeback any time soon in New York State, where labor laws as applied to the construction insurance business are doubling rates and driving carriers away, the experts say.

Insurance rates in the state have risen steadily over the past five years, since the New York legislature enacted statutes to its Workers’ Compensation Law that gives broader rights to construction employees who are injured after July 1, 2007.

Read More: N.Y. Labor Law for Construction Doubling Rates, Scaring Away Carriers | PropertyCasualty360.

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