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Insurance Cos. Challenge NY Workers' Comp Law Amendment

By Jeff Sistrunk (July 30, 2013, 8:03 PM EDT) -- A group of 20 insurance companies on Tuesday sued the state of New York to challenge the constitutionality of an amendment to the state Workers' Compensation Law that will close the statewide fund for reopened cases, saying the amendment will result in up to $1.6 billion in retroactive liability for insurers....

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