Insurers Don't See Trucker Bill Spurring Premiums

Union officials were quick to tout a New York bill recently signed into law by Gov. Andrew Cuomo as a boon to 28,000 truckers who have been deprived of workers’ compensation and unemployment insurance protection because their employers pay them “off the books” as independent contractors. But insurance industry officials aren’t so sure the new law will necessarily translate into a significant wave of new workers’ compensation premiums for insurers.“It’s too soon to tell the impact … (it) will have on the New York workers’ compensation ...