ByMichael Whiteley, Eastern Bureau ChiefExecutive summaries from the forensic audits of two more failed group self-insured trusts released by the New York State Workers' Compensation Board last week contend that one trust was crippled by high-risk discounts to members and the other was rife with conflicts-of-interest involving former trust manager, Compensation Risk Managers.The audits, conducted by Bollam, Sheedy, Torani & Co., are part of a continuing investigation into the failure of a dozen trusts between 2006 and 2009. The SWCB commissioned the audits before filing a $450 million ...
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