The New York State Workers' Compensation Board has filed administrative charges seeking to revoke the license of group self-insured trust manager named Compensation Risk Managers (CRM) based on findings that it understated reserves, submitted false reports, waylaid an auditor's investigation and routinely made late payments to injured workers.The board voted to approve the results of its staff investigation into the management of group self-insured trusts on Tuesday and sent a six-page letter detailing the charges to CRM General Counsel Louis Viglotti.The board released the let...
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