SWCB: Carriers Slow in Taking Advantage of Reforms

By Michael Whiteley, Eastern Bureau ChiefThe New York Workers' Compensation Board (SWCB) contends it has completed many of the 2007 workers' compensation reforms designed to curb medical costs and blames carriers for delays in capping benefits in permanent partial disability cases.SWCB on Thursday released a copy of written testimony provided last month to the New York Department of Financial Services. The board – under fire for delaying some of the reforms – called on Financial Services Superintendent Benjamin Lawsky to deny an 11.5% increase in loss costs recommended by t...