AFL-CIO Pushing for Further Investigation of Group Trusts

The New York AFL-CIO is pushing the state's Group Self-Insured Trust Task Force to call for further investigations of failed trusts and alleged Tuesday that conflicts of interest among trust managers and improper relationships with trustees may have contributed to the problems of many of the 36 trusts that have dissolved or failed since 2006.Art Wilcox, workers' compensation chief for the union and a member of the group trust task force, said Tuesday that a forensic audit of Compensation Risk Managers (CRM), a former New York group trust manager, has raised questions about whether othe...