NY Workers’ Comp Class Code 3145: Screw Manufacturing

Ed WinslowNY Class Codes0 Comments

NY Workers’ Comp Class Code 3145: Screw Manufacturing

What Insureds Can Use NY Workers’ Comp Class Code 3145: Screw Manufacturing

NY Worker’s Comp class code 3145: Screw Manufacturing applies to insureds engaged in the manufacturing of automatically turned wood and machine screws. The raw material used is generally wire stock of steel or brass that the insured receives from outside sources. The stock is fed into the screw machine automatically and then cut off, tapered, shaved, threaded, and slotted to form screws. The screws may be placed in extractors to remove oil from the machining process and may also be mechanically plated and buffed.

NY Workers’ Comp class code 3145 also applies to insureds engaged in the manufacturing of miscellaneous products using automatic screw machines that may include bar stock of steel or brass received from outside sources. NY Workers’ Comp class code 3145 does not apply to machine shops that use automatic screw machines for parts that may be used for a final product of the machine shop.

NY Workers’ Comp Class Code 3145 Rate Remains Same for 2012-2013:

In 2010, the rate for NY Workers’ Comp class code 3145 increased 1.9%. The next year, the increase was greater at 7.1%. Due to a recent decision by the New York Compensation Insurance Rating Board, the 2012-2013 rate for class code 3145 will remain the same.

Enforce Coverage can help find the right carrier for your Workers’ Comp needs. Contact us to obtain a price quote and ask about our Pay As You Go Program.

Share with Friends...Tweet about this on TwitterShare on FacebookShare on Google+Pin on PinterestShare on LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *