Employers in Talks with Cuomo about Group Self-Insured Trust Crisis

A high-ranking member of New York Gov. Andrew Cuomo's administration was scheduled to meet with an attorney representing employers facing assessments levied to pay off an estimated $800 million in liabilities from the state's group self-insured trust system Tuesday, Crain's New York Business reported.Last month, Cuomo filed legislation in the New York Assembly and Senate that would scrap the group self-insured system and allow some well-funded trusts to refile to operate as "private self-insureds."The chairman of the State Workers' Compensation Board (SWCB) would set security r...