Call or email us anytime
(805) 484-0333
Search Guide
Today is Wednesday, April 24, 2024 -

News Articles

Care Facilities Group Sees Big Dividend, Discount for Safety Programs

  • State: New York
  • Topic: NORTH
  • - Popular with: Insurance
  • -  0 shares

Some residential care facilities in New York should see a significant reduction in their workers' compensation costs this year, thanks to safety improvements, an insurance group manager announced.

The Friedlander Group, manager for Residential Care Facilities of New York Workers' Compensation Safety Group No. 586, announced that a 15% dividend will be sent to members this month. The members of the safety group, which is underwritten by the New York State Insurance Fund, also will see a 25% advance discount on renewals, up from the usual 20% discount, the group said in a Sept. 12 news release.

Members also receive an annual 25% group discount.

"Residential care facilities in our safety group maximized their productivity and profits by keeping their employees safe and working,” said Adam Friedlander, president of the group management firm.

Safety groups are part of performance-based rebate programs that encourage safety and investments.

No Comments

Log in to post a comment

Close


Do not post libelous remarks. You are solely responsible for the postings you input. By posting here you agree to hold harmless and indemnify WorkCompCentral for any damages and actions your post may cause.

Advertisements

Upcoming Events

  • May 5-8, 2024

    Risk World

    Amplify Your Impact There’s no limit to what you can achieve when you join the global risk managem …

  • May 13-15, 2024

    NCCI's Annual Insights Symposi

    Join us May 13–15, 2024, for NCCI's Annual Insights Symposium (AIS) 2024, the industry’s premier e …

  • May 13-14, 2024

    CSIA Announces the 2024 Annual

    The Board of Managers is excited to announce that the CSIA 2024 Annual Meeting and Educational Con …

Workers' Compensation Events

Social Media Links


WorkCompCentral
c/o Business Insurance Holdings, Inc.
PO Box 1010
Greenwich, CT 06836
(805) 484-0333