Paterson Tapping $49 Million from SWCB Snafu to Help Stem Deficit

By Michael Whiteley, Eastern Bureau Chiefmike@workcompcentral.comNew York Gov. David Paterson wants to include $49 million in excess premium assessments collected from policyholders by workers' compensation carriers because of a regulatory snafu to help shore up New York's $3.2 billion deficit.After the New York Legislature and Paterson reached an impasse over the deficit reduction plan that Paterson released in mid-October, the governor this week used his executive powers to come up with $1.6 billion in reductions and new monies that don't require legislative approval.Lawmakers re...