With just 72 hours remaining in New York's 2018 legislative session, stakeholders are squaring off over a bill that would fundamentally change the way insurers calculate workers' compensation premiums.
House Bill 11036 would bar insurers from including loss-adjustment expenses, which can include claims investigations expenses, attorneys' fees and other costs of doing business, into loss costs.
"This bill would remove loss-adjustment expenses from the definition of 'loss costs' in order to ensure that insurance companies are not including standard busine...
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