NU Online News Service, Nov. 8, 3:43 p.m. EST
Proposed increases of 30 percent or more for certain fees by theNew York State Workers' Compensation Board (WCB) could have"unintended negative consequences for the state's no-faultautomobile system," the Property Casualty Insurers Association ofAmerica (PCI) said.
The fee hikes could also lead to more fraud and abuse, a problemalready plaguing the no-fault system, PCI said in a letter to theWCB.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
