Two N.Y. Firms Shut Down for Failure to Buy Workers’ Comp

July 31, 2007

  • July 31, 2007 at 2:48 am
    MCheck57 says:
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    Its about time that some enforcement and penalty collection is done. Uninsured employers effect premiums for those whose insurance companies contribute to the Uninsured Employers Fund. This is the basis for stronger penalties and the ability to close businesses in the 2007 law

  • July 31, 2007 at 3:11 am
    Big Mike In CALI says:
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    Hmm…apparently the two firms referenced in the article’s title are NOT the same two named in the article itself, as they both are “…still operating without insurance.” Maybe a clever play on words would ease the confusion of this story, something like, say, “Two N.Y. Firms ORDERED TO Shut Down for Failure to Buy Workers’ Comp”?

    I’m just sayin’…

  • August 2, 2007 at 11:25 am
    Actually says:
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    What an interesting concept.

    Shut off individuals ability to sustain their and their childrens lives so as to make an example of them to, and motivate, others.

    One wonders if those companies carried WC in the past, and became insurance poor because of so much “mandatory” general liability, health, business, vehicle, project, etc. insurance overhead.

  • August 3, 2007 at 4:31 am
    mcheck57 says:
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    Actually…do you have a clue? Do you know anything about this issue? One of the factors of high WC premiums are those who fail to carrier it. It costs those who have it more to fund the Uninsured fund.
    Other that mandatory WC insurance how do you expect those injured workers survive? It was the employers wh called for mandatory WC insurance when the system started

  • August 7, 2007 at 2:53 am
    Shrinivas Shikhare says:
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    I am not sure whether qualified “self insurance” is not option for these guys?
    Can’t they post some kind of surety bonds with state or work comp admin agency of the sate to guarantee the security of benefit payment?



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