NY Workers’ Comp class code 4410 Rate Decreases 7.2%

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Workers' Comp class code 4410

NY Workers’ Comp class code 4410 Rate Decreases 7.2%

Workers' Comp class code 4410NY Workers’ Comp class code 4410: Who Does It Apply To?

NY Workers’ Comp class code 4410 applies to insureds engaged in manufacturing of natural or synthetic rubber products which are not otherwise classified in the Basic Manual. This includes hard, soft, or liquor rubber. The operations covered under NY Workers’ Comp class code 4410 may involve a wide variety of processes including both hand and mechanical applications.

NY Workers’ Comp class code 4410 also applies to insureds that produce latex compounds and synthetic or natural liquid rubber latex and rubber goods. These goods include floor tiles, mats, hoses, belts, rubber heels and soles, rubber bands, foam rubber carpet pads, foam rubber cushions, and latex rubber gloves, among others. Rubber or plastic plating or coating of fabrics, metal vessels, containers and pipes is also included under NY Workers’ Comp class code 4410, as long as the work is performed by an insured whose business is that of rubber plating or coating. Similar operations that are not included under NY Workers’ Comp class code are rubber stamp manufacturing or assembly (class code 4299), rubber tire manufacturing (class code 4420), and synthetic rubber manufacturing (class code 4751).

NY Workers’ Comp class code 4410 Rate Decreases 7.2%

The rate for NY Workers’ Comp class code 4410 decreased 7.2% in 2013. While it was 8.48 in both 2011 and 2012, the rate decreased to 7.87 effective 10/1/13. This means that employers whose operations apply to NY Workers’ Comp class code 4410 will see slightly lower insurance premiums in the 2013-2014 policy year.

Enforce Coverage can help you find the right carrier to fit your individual needs. For more information on NY Workers’ Comp class code 4410 as well as hundreds of others, click here. Contact us today at 212-947-4298 for a competitive quote and to learn about our hands-on policy services.

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