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N.Y. Judge Issues Split Decision in Group-Trust Fight

Wednesday, July 9, 2008 | 0

A New York Supreme Court justice presiding in the battle between state regulators and 13 group self-insured trusts over assessments issued to shore up the system eliminated emergency assessments covering the first half of 2008, but gave the go-ahead for future assessments.Acting Supreme Court Justice Kimberly O'Connor issued the ruling late Monday in a lawsuit filed by 13 trusts managed by First Cardinal Corp. against the New York State Workers' Compensation Board (SWCB).The 13 trusts are seeking to permanently block SWCB Chairman Zachary Weiss from collecting an estimated $52 million ...

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