NYCIRB Announces COVID-19 Claims Exempt From Merit Rating
Today, the New York Compensation Insurance Rating Board issued Bulletin R.C. 2527, which states that effective December 1, 2020, claims attributable to the COVID-19 pandemic are excluded from the merit rating calcuation of individual employers.Per Bulletin R.C. 2512 of May 1, 2020, COVID-19-related losses are also excluded from experience rating, effective December 1, 2020.If you have any questions, please contact NYCIRB:Mark Battistelli, Vice President of Underwriting Services (212) 697‐3535, ext. 113underwritingservices@nycirb.orgSource