WCB Continues String of Victories Against Dissolved Group Trusts' Members

The New York Workers' Compensation Board scored the latest in its string of victories against members of dissolved workers' compensation self-insurance trusts on Thursday with a decision clearing its way to recover $133 million. Fifty-nine self-insurance trusts met their demise between 2006 and 2012 in New York due to mismanagement or insufficient funds. The collapse of the industry left the WCB responsible for administering 7,515 claims, valued at almost $1 billion. But the agency has been aggressive in its attempts to compel the dissolved trusts' members to pay their share. Ove...