NYS Rating Board Increases Rate for Code 3129 Metal Stamp Mfg 50%

Ed WinslowNY Class CodesLeave a Comment

NYS Workers Compensation Class Code 3129  Metal Stamped Products Mfg premium rates dramatically climb over +50% during the past two years.

Description:  Class code 3129 Metal Stamped Products Mfg also commonly referred to as Button or Buckle Mfg.—Metal, applies to mass-production of stamped metal parts using fully automatic punch presses.

Pricing:  New York Workers Compensation Rating Board has increased NY work comp rate 3129 – 25.7% in the 2009 – 2010 policy year and 24.6% during the current year of 2010- 2011.

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