Industry News

TOM DEBOLE TO JOIN SPECIALTYAMBULANCE

Specialty Ambulance Sales is pleased to announce that Tom DeBole has become a member of the Specialty Family. Tom is a 34-year veteran in the Ambulance Sales and Service field having previously been a representative through several dealerships for Horton Emergency Vehicles.

Tom brings with him a diverse and loyal following of longtime customers and we hope to meet all of you. Please stop in our booth at the 2nd Annual Hatzalah & EMS Expo being held at the Meadowlands Expo Center on October 30 and 31 and help us welcome Tom to the Specialty family.

We look forward to seeing you at the end of October.

We at Fire Districts of New York Mutual Insurance have an important insurance update to share that will impact all Workers Compensation and Volunteer Firefighter Benefits Law (VFBL) policyholders in New York State. This applies to all insurance companies and providers doing business in New York State.

As approved by the New York State Department of Financial Services the New York Compensation Insurance Rating Board (NYCIRB) has implemented a new calculation this year to determine the Experience Modification Factors (EMFs) for all New York State Employers — including fire districts. This may result in a significant change to some employers/fire districts EMFs which is based on the policyholder's loss experience. According to NYCIRB, after a detailed study they found that the prior calculation did not sufficiently incentivize workplace safety or adjust premiums to an appropriate level for individual risks.

The experience modifier is a multiplying factor that's assigned to an employer/fire district each year by NYCIRB and reflects its claim history. This number is based on your actual cost of injuries compared to the expected costs for companies of a similar size in the same industry. Any change to your 2023 renewal EMF will directly impact your premium.

If an employer/fire district’s accident history is below average, they can get a credit on their workers’compensation policy, meaning they pay less premium. If their experience is above average when compared to similar sized and types of employers/fire districts, they’ll pay more than average for the same type of coverage. The NYCIRB has made several resources available to employers on their website (www.nycirb.org) to facilitate in understanding the changes they have made. Putting safety first is critical for managing workers' compensation and VFBLlosses. Fire Districts of New York Mutual Insurance Co., Inc., provides our policyholders cost effective quality service including loss control services to help improve and maintain the health and safety of firefighters throughout New York State. We partner with local independent insurance brokers. Contact your Insurance Broker if you have any questions. Together we are dedicated to serve your needs.

Fire Districts of New York Mutual Insurance Company, Inc. Founded by firefighters for firefighters to protect those that protect us. One Blue Hill Plaza, 16th Floor, Pearl River, NY10965; 845-3528855; www.fdmny.com.

NEWYORK STATE’S REVISED EXPERIENCE MODIFICATION RATING PROGRAM