The denial of a claim from the insurer. A denied claim can happen for a multitude of reasons. Some can be due to the claim not being covered within the policy, the claim violates a rule within the policy allowing a company to deny a claim, or others.

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Why NY DFS Denial For NY Workers Compensation Rate Increase Will Cost NY Policyholders More

Several months back we were one of the first to publish the announcement that NY workers compensation rates were increasing by an average of 11.5% effective October 1st, 2012. In a memo announced on July 23rd the Department of Financial…