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Retailers bash bid for 10% workers’ comp rate hike

State Fund overcharges demand full actuarial study ALBANY, NY – As New York’s Department of Financial Services reviews input from its June 27 hearing on a recommended 9.8 percent rate increase for workers’ compensation insurance, the Retail Council of New York State wants instead an industry-wide actuarial study before the DFS considers any further rate […]

Merchants applaud new law combatting organized retail crime

ALBANY, NY – Retail Council of New York State President and CEO Ted Potrikus issues the following statement applauding Governor Cuomo’s approval of a law giving prosecutors an important new tool in the fight against organized retail crime (Chapter 63, Laws of 2016): Organized retail crime isn’t the same thing as personal-use shoplifting. These are […]