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I tection Agency's proposed regulation that would ban over-the-counter sales of most wood preservatives remains tied up before the agency's administrative law judge.

Originally designed to take effect Feb. 28, 1985, the regulation has been delayed as a result of petitions filed by affected parties, chiefly wood preservative producers. One participant in the process says that the legal proceedings are tedious and time consuming and predicts that a final resolution will not occur until late 1986. We will continue to follow the case and report any developments that could alter this projected timetable.

Retailers may no longer plramid late charges (assess more than one late payment if a buyer is late on a payment) under Federal Trade Commission rules that went into effect recently. The new rules, which are meant to protect consumers who borrow money or purchase items using instalknent credit, also require retailers to notify consumers in writing before they co-sign loans that they are liable if debtors fail to repay.

Such provisions as confessions of judgment, waivers of exemption and wage as- signments Eue now prohibited in consumer credit contracts. States may apply for exemptions from the new rules if they enforce equivalent protections of their own. Creditors who violate the rules are subject to fines up to $10,000 for each violation.

There are ways to keep your property and casualty insurance rates reasonable. In times like these, dealers can help keep their business-related insurance rates down by following some simple steps. Here are a few points to consider.

Automobile

. Make certain that all vehicles €ue classified correctly lor rating, taking into consideration their use (service, commercial, retail), their weight and the radius of their operation.

o See if physical damage coverage is needed on all vehicles.

r Check for deductibles in liability and physical damage coverage.

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o Make sure employees are placed in proper rating classifications.

r Make note of employees who are entitled to limited payrolls.

o Check on the prospects for applying bodily injury and property damage deductibles.

Investigate the exposure that can be selfinsured.

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r Make sure employees are placed in proper rating classification. Note the employees who are entitled to limited payrolls.

r Check on the availability of rate deviations or credits,

. Investigate the availability of a dividend program.

Umbrella o Determine if an adjustable rate or flat premium policy is more price beneficial. o Inquire about what primary limits are required. o Review coverage in price negotiations.

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o Review all losses on a periodic basis.

r Review the basis for setting reserves on claims.

o Make certain that claims reserves are checked by the carrier on a periodic basis.

o Review the accuracy of loss information reported on statistical reporting cards to the workers' compensation bureau for promulgation of your experience modification.

Source: American Subcontractor's AssGiation.

Llhen sending in a change ofaddress please include zip code on both old and new addrisses and either the old label or the inlormation from it. Thanks!