NY A10160

Extends the deadline for workers' compensation rate service organizations to file loss costs and statistical information from June 2, 2013 to June 2, 2018

Requires the superintendent to hold a public hearing if a rate service organization files loss cost increases of 7 percent or more over the prior year's approved loss costs

Modifies the governing body structure of workers' compensation rate service organizations to require appointing entities to fill vacancies within 120 days or lose appointment authority

Clarifies that the four non-insurer members of the rate service organization governing body serve two-year terms and continue in office until a successor is appointed and approved

Changes references from plural to singular forms (officers/directors to officer/director) regarding restrictions on rate service organization board member employment by insurers