New York WCB Holds $70M Uninsured Assets

The New York State Workers' Compensation Board issued 6,200 legal judgments against uninsured employers in 2001, Board Chairman Robert R. Snashall announced today. Snashall said the judgments enabled the Board to put a hold on almost $70 million in assets to encourage uninsured employers to pay their fines. 'By filing these judgments and freezing these assets we are sending a clear message to these uninsured employers. We will impose fines for these violations and we will collect. The Board will use all of its resources to protect injured workers and preserve the integrity of this system,' C...