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Employers Tentatively Supportive of Cuomo's Reform Ideas

By Greg Jones (Senior Editor)

Tuesday, January 15, 2013 | 0

By Greg Jones, Western Bureau ChiefEmployers say they support New York Gov. Andrew Cuomo’s plans for reforming the state’s workers’ compensation system, but until the governor provides actual details they can’t say whether the ideas will reverse a trend that has made the state one of the most expensive in the country for workers’ compensation insurance.Cuomo last week said in his State of the State address that he wants to sell bonds to pay down liabilities on claims from group self-insured trusts that defaulted, streamline the employer assessment process and clos...

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