12 CRR-NY 60-1.12NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 12. DEPARTMENT OF LABOR
CHAPTER I. INDUSTRIAL BOARD OF APPEALS
SUBCHAPTER A. THE INDUSTRIAL CODE
PART 60. WORKPLACE SAFETY AND LOSS PREVENTION INCENTIVE PROGRAM (SAFETY, DRUG AND ALCOHOL PREVENTION, AND RETURN TO WORK INCENTIVE PROGRAMS)
SUBPART 60-1. WORKPLACE SAFETY AND LOSS PREVENTION INCENTIVE PROGRAM (SAFETY, DRUG AND ALCOHOL PREVENTION, AND RETURN TO WORK INCENTIVE PROGRAMS)
12 CRR-NY 60-1.12
12 CRR-NY 60-1.12
60-1.12 Insurer’s duties and responsibilities.
(a) The insurer shall apply each incentive that is granted by the department and the superintendent to the employer’s next policy renewal period following the date of the department’s approval certificate. The implementation of the incentive for individually self-insured employers will be subject to the annual renewal process required by Part 315 of this Title.
(b) If an employer obtains workers' compensation insurance from a different insurer than the insurer that originally provided the employer its WSLPIP incentive, the new insurer shall continue to apply the required incentive in accordance with the regulations established by the superintendent pursuant to section 134(6) of the Workers' Compensation Law.
(c) The insurer providing a credit pursuant to this Part shall report annually to the commissioner and the superintendent, in a form prescribed by the superintendent, the total number of employers insured during the prior year that received a premium credit for each WSLPIP program, and the total amount of the credit provided by the insurer.
(d) For individually self-insured employers, the chair of the board shall maintain the information required by this Part and provide it to the commissioner and the superintendent upon request. However, for purposes of this Part, an individually self-insured employer’s “premium credit” refers to the employer’s security deposit adjustment.
12 CRR-NY 60-1.12
Current through March 15, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.