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N.Y. Court Blocks Failed Trust Assessments

Tuesday, May 6, 2008 | 0

Thirteen New York group self-insured trusts representing some of the state's major public and private employers won a temporary halt to the payment of premium assessments ordered by the State Workers' Compensation Board to shore up the system in the wake of a string of failures of group trusts over the past three years.Acting New York Supreme Court Justice Kimberly A. O'Connor issued a decision and order late Friday blocking SWCB Chairman Zachary Weiss from collecting that portion of the annual assessments needed to ensure the payment of workers' claims left from trusts SWCB ha...

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