New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter V - Rates And Rating Organizations
Subchapter B - Commercial And Industrial Risks
Part 151 - Workers' Compensation Insurance
Subpart 151-3 - Workplace Safety And Loss Prevention Incentive Program
Section 151-3.8 - Amount of credit for a wslpip when not implemented for consecutive years
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 151-3.8
Current through Register Vol. 46, No. 39, September 25, 2024
(a) An insured that ceases to maintain a previously approved WSLPIP for less than four years shall, upon application pursuant to 12 NYCRR 60-1.6, be eligible for a credit in an amount equal to the amount that the insured would have been entitled to as if the insured had continuously maintained the WSLPIP.
(b) An insured that ceases to maintain a previously approved WSLPIP for four or more years shall, upon application pursuant to 12 NYCRR 60-1.6, be eligible for a credit in an amount equal to the amount that the insured would have been entitled to as if the insured were a new entrant into the WSLPIP.
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