Newspaper: CRM Delayed Claims Payments as it Ran Out of Cash

Compensation Risk Managers (CRM) deliberately delayed claims payments to the injured employees of members of several New York group self-insured trusts it managed because the trusts were running out of cash, the Poughkeepsie Journal reported Sunday.The newspaper quoted Joseph Dorfman, who worked as claims manager in the special investigations unit at CRM's Poughkeepsie, N.Y., offices from March 2007 to September 2008, as saying CRM's administrators routinely held checks to avoid further depleting trust reserves.Dorfman said the delays left workers frustrated and escalated a continuing ...