SENATE BILL REPORT

SB 5964

BYSenators Peterson, Bailey, Conner and Anderson

Freezing industrial insurance rate for shake and shingle mill operators.

Senate Committee on Commerce & Labor

Senate Hearing Date(s):March 4, 1987

Senate Staff:Dave Cheal (786-7576)

AS OF MARCH 3, 1987

BACKGROUND:

Of the approximately 250 classifications of employers for industrial insurance premium setting purposes, shake and shingle mill operators are among the highest.  Their rate effective January 1, 1987 is $3.98 per hour. That rate represents an approximate increase of 15 percent over the January 1, 1986 rate.

For comparison purposes, the rate for logging is $4.29, for diving, wharf and pier construction the rate is $3.36, for roofing the rate is $2.70, for crane and derrick construction the rate is $2.32, and for residential construction the rate is $1.48.

SUMMARY:

The base rate premium for shake and shingle mills is frozen at the January 1, 1986 level. 

Fiscal Note:      requested