Reclassification of land surveyors for purposes of worker's compensation insurance.
Impact
The main impact of AB962 is the financial alteration it could cause for land surveyors regarding their insurance costs. By reclassifying them under a different code, the bill aims at creating a more favorable rating for land surveyors which could lead to lower insurance premiums. This measure is expected to alleviate some of the economic pressures facing professionals in this field and can be seen as a step towards recognizing the unique nature of their work and associated risks.
Summary
Assembly Bill 962 addresses the reclassification of professional land surveyors for the purposes of worker's compensation insurance in Wisconsin. The bill directs the Office of the Commissioner of Insurance to instruct the Wisconsin Compensation Rating Bureau to change the classification of licensed land surveyors from class code 8602 to class code 8601. This reclassification is significant because it alters the way that worker's compensation rates are set for land surveyors, potentially impacting their insurance premiums and overall financial burden.
Contention
While the bill appears straightforward, it may face contention depending on how affected parties view the reclassification. Supporters of the bill, likely including current land surveyors and their advocates, may argue that the new classification will better reflect the risks associated with their profession and should lead to fairer insurance rates. Conversely, those opposing the bill might express concerns over the implications of adjusting insurance class codes, fearing it could affect the broader worker's compensation system or lead to unequal treatment of different professions.