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Classification Phraseology as of:
1/1/2018
 
Classification Code:
8740(2)
 
Phraseology:
COMMERCIAL PROPERTIES — N.O.C. — property management supervisors

Footnote:

This classification applies to non-residing commercial property management supervisors who exercise direction through maintenance or operations supervisors who directly supervise employees engaged in the operation, maintenance and care of commercial properties, including but not limited to office buildings, office complexes, shopping malls and centers, and industrial buildings. This classification also applies to non-residing property management supervisors who oversee commercial properties at which all operation, maintenance and care activities are conducted by separate concerns and no payroll is assignable to 9009, Commercial Properties — N.O.C. — all other employees.

Commercial property management supervisors not meeting the above conditions shall be classified as 9009, Commercial Properties — N.O.C. — all other employees.

Also refer to companion Classification 9009, Commercial Properties — N.O.C. — all other employees.

Property management supervisors of combined commercial and residential mixed-use buildings shall be classified as 8740(7), Commercial and Residential Mixed-Use Building Operation — not Homeowners Associations — property management supervisors.

Industry Group/Related Classifications:
Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
1/1/2018$1.53New/Renewal
7/1/2017$1.69New/Renewal
1/1/2017$1.83New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
BUILDING OPERATION — commercial properties — property management supervisors

Footnote:
This classification applies to property management supervisors who exercise direction through managers who directly supervise employees engaged in the operation, maintenance and care of commercial properties, including but not limited to office buildings, office complexes, shopping malls and centers, and industrial buildings. This classification also applies to property management supervisors who oversee commercial properties at which all operation, maintenance and care activities are conducted by separate concerns. Property managers not meeting the above conditions shall be classified as 9009, Building Operation — commercial propertis — all other employees.

Also refer to companion Classification 9009, Building Operation — commercial properties — all other employees.

1/1/2016
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