NY High Court Upholds Lump Sum Workers' Comp Law

Law360, New York (November 16, 2011, 10:56 PM EST) -- In a dispute brought by Erie Insurance Co., New York's highest court on Tuesday upheld a law requiring insurance companies to place workers' compensation awards in trust accounts in full rather than allowing the insurers to decide payment schedules.

In the underlying incident, Landmark Chrysler employee Randy Raynor injured his lower back in December 2004.

A workers' compensation law judge in 2008 told Erie, Landmark's insurer, to deposit all unpaid benefits for Raynor — nearly $200,000 — into a trust, in accordance with an amended state...
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