NY Workers’ Comp Class Code 2417 Rate Increases 15.6%

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NY Workers' Comp class code 2417

NY Workers’ Comp Class Code 2417 Rate Increases 15.6%

NY Workers' Comp class code 2417NY Workers’ Comp Class Code 2417: Who Does It Apply To?

NY Workers’ Comp class code 2417: Cloth Printing applies to insureds engaged in the machine printing of all fabrics, including such fabrics as cotton, silk, and wool. Rolls of cloth are generally received from textile manufacturing plants along with instructions on how the printing should be performed. The insured then creates silk screens to match the customer’s desired designs and places the screens in machines that automatically print the cloth. The machines print, dry, and cure the cloth in one continuous operation. The silk screening of rolls of cloth using machinery is applied to NY Workers’ Comp class code 2417. This machinery is somewhat akin to commercial printing presses found in print shops.

NY Workers’ Comp class code 2417 does not apply to the silk screening of individual garments done by hand or through the use of a machine of a multiport nature where a number of garments may be loaded at the same time. Instead, these types of operations are included under class code 2501. Similarly, class code 2413 applies to businesses engaged in processing crude cloth into finished cloth, which includes silk screening of the finished cloth completed by a machine.

NY Workers’ Comp Class Code 2417 Rate Increases 15.6%

The rate for NY Workers’ Comp class code 2417  increased by 15.6% in 2013. While the rate for NY Workers’ Comp class code 2417 was 4.49 in 2011 & 2012, it went up to 5.19 effective 10/1/13. This means employers whose operations apply to NY Workers’ Comp class code 2417 will see higher premiums in the 2014 policy year.

Enforce Coverage can help find the right carrier for all of your Workers’ Comp needs. Contact us today to obtain a price quote and learn more about our hands-on policy services.

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