EIGHT-
PENNY
NEWS VOLUME 11 • NUMBER 8 MAY 1993
Rhode Island: This
year should bring some
relief to contractors
beleaguered by rising
workers comp rates. In
January, the new State
Compensation Insurance
Fund (SCIF) took over
administration of all
"assigned risk pool"
workers compensation
policies. Ninety-five
percent of Rhode Island
contractors are in this
pool and now have their
policies administered by
the SCIF. The SCIF's
reforms include changes
intended to reduce
worker abuse, boost onsite
safety, motivate
employees to return to
work, and levy surcharges
on businesses that don't
take steps to reduce
injuries.
New Jersey: After a tenyear
struggle, builders
and developers here
finally have a uniform
state building code. A
law recently signed by
Gov. Jim Florio creates
an advisory board to
create standards for residential
development.
Builders and developers
have been asking for a
uniform