A report that will be key in deciding the future role of the private service that develops rate recommendations for New York's workers' compensation system will arrive tomorrow or Tuesday, a regulator's spokesman said.
Forthcoming is an analysis of the New York Compensation Insurance Rating Board (NYCIRB) that New York State Insurance Department Superintendent Eric R. Dinallo will deliver to Gov. Eliot Spitzer, Assembly Speaker Sheldon Silver, D-New York, and Senate Majority Leader Joseph Bruno, R-Rensselaer.
The report was ordered earlier this year when the legislature passed landmark comp legislation. That measure set next February as a sunset date for NYCIRB's statutory authority.
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