N.Y. Comp Board To Sue Members of Four Failed Trusts

The New York State Workers' Compensation Board (SWCB) has filed the first of four lawsuits aimed at collecting millions of dollars from members of four failed group self-insured trusts in the latest bid to pay the claims of injured workers caught in a string of trust collapses beginning in 2006.Brian Keegan, the board's public information director, confirmed a report in the Poughkeepsie Journal Tuesday that the first of the actions has been filed in New York Supreme Court seeking $29 million from the 267 former employer-members of Manufacturing Self-Insurance Trust.The trust, which was...