Group Self-Insurance Trust Timely Sues Member for Unpaid Deficit Assessment

A New York appellate court ruled that a now-defunct group self-insurance trust timely commenced its breach of contract action against a member for failing to pay its deficit assessment. Case: Contractors Compensation Trust v. $49.99 Sewer Man Inc., No. 534081, 10/27/2022, published. Facts: The Contractors Compensation Trust is a group self-insured trust that was formed in 1999 to provide mandated workers' compensation coverage to employees of the trust's members. The trust is overseen by the Workers' Compensation Board. On Dec. 31, 2018, the CCT relinquished its operating licens...