Assemblyman Brian M. Kolb (R,C-Canandaigua) today spoke at the legislative budget hearing for Economic Development about the need to reform Sections 240 and 241 of the New York State Labor Law this year.
Sections 240 and 241 of the state’s Labor Law expose New York’s property owners and contractors to unfair liability, make business insurance prohibitively expensive if it’s available at all, and drive up everyday costs for all New Yorkers, according to Kolb.
“I have heard from many builders and contractors who are frustrated by the skyrocketing price of liability insurance,” said Assemblyman Kolb. “Insurers also have expressed concern that general liability claims have increased substantially. The cost to settle one of these claims is twice as much as it once was. This system has got to be changed because we can’t allow more businesses to close or leave New York State. It’s very simple -- we need reform to protect jobs.”
Kolb’s remarks were echoed by Assemblyman Joseph D. Morelle (D-Irondequoit) and State Business Council President Dan Walsh who joined in the discussion, which was broadcast live around the state on all cable systems that carry the New York State Legislature’s budget hearing proceedings.