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Workers Compensation Rating Board Asks for 16% Rate Increase

Monday, May 23, 2005

Are they nuts? No, just greedy! The Rating Board, which is controlled by workers compensation insurance company CEO’s, waited until new Insurance Superintendent Howard Mills was confirmed before submitting their most recent money grab. Former Insurance Superintendent Gregory Serio correctly shot down their last outrageous request for a 29.5% increase, noting that industry profits were over 8% in 2004. Obviously, the insurance companies think they have a better shot with Mills. The New York State Business Council should start protecting its employer members by fighting the real cause of increasing workers’ compensation costs in New York State – the AIG’s […]

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Injured Workers Bar Association Conference – 5/14/05

Monday, May 16, 2005

Heard a lot of potential good news at the Injured Workers Bar Association conference in Albany over the weekend. First, along with the New York State AFL-CIO, we will be pushing the legislature hard for a long overdue workers compensation rate increase. Its been thirteen (13) years since injured claimants had a raise in their workers compensation payments. During that same period, workers compensation insurance companies have been reaping record profits while cheating the Workers Compensation Board. When will business, represented by the New York State Business Council and the Central New York Manufacturers Association, learn that gouging insurance companies […]

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Long Island Federation of Labor Dinner

Thursday, May 12, 2005

Chris Redmond, Craig Rosasco and I had a great time at the Long Island Federation of Labor Dinner this past Monday. Honored for his long time commitment the labor movement was our friend, New York State Assemblyman Tom DiNapoli (Dem – Great Neck). Tom is one of the major players in Albany protecting workers compensation claimants. The son of a CWA union official and a former school board member like me, Tom gave a moving speech about labor‚Äôs crucial role in protecting the middle class. No wonder some are touting him as a possible Lt. Governor candidate in 2006. We […]

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Working Mothers' Day

Monday, May 9, 2005

Turley, Redmond & Rosasco, LLP salutes all Moms this Mothers’ Day! Their unselfish efforts, both in the workplace and home, are too often taken for granted. At 6:30 this morning, my six and seven year old kids announced that they were in the process of making Mommy pancakes and bacon. I knew our kitchen would look like Dresden after the war if I did not get out of bed to supervise. It took us 1 1/2 hours, but the final product wasn’t half bad. This making breakfast for the whole family stuff isn’t easy! I’m sure many of you had […]

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Workers Memorial Day – April 28, 2005

Tuesday, May 3, 2005

Last year seven of our clients died on the job. 2004 was the worst year for workers compensation death claims for our clients since the September 11th tragedy. Two deaths involved construction accidents, two were work related heart attacks, one involved a defective industrial machine, one was a motor vehicle accident, and perhaps the saddest was the work related suicide of a long time client who could not take the pain anymore. Our condolences go out to all the widows, children and other family members who lost loved ones in 2004. Across this great country of ours, we must continue […]

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Did AIG Cheat New York Workers Compensation Board?

Friday, April 29, 2005

On April 26, 2005, New York Attorney General Eliot Spitzer announced an investigation of alleged improper booking of workers compensation premiums at insurance giant American International Group (AIG). This continues the problems at AIG, where last month CEO Maurice “Hank” Greenberg was forced to resign in the midst of various financial probes. The New York State Workers Compensation Board and the Workers Compensation Security Fund are financed by an assessment on insurance companies based upon their written premiums. The theory is that the largest insurance carriers, based upon workers compensation premiums charged to employers, should pay a larger proportion of […]

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Bush's "Leave Huge Debts Behind" Social Security Plan

Monday, April 25, 2005

In a clever twist on President Bush’s under funded “No Child Left Behind” education law, Matt Miller labeled the President’s Social Security Plan as “Leave Huge Debts Behind” in a great opinion piece in yesterday’s New York Times. After a good laugh, I sadly realized how similar both programs really are. No Child Left Behind provides almost no funding to get our kids’ education on par with what they will need in the super-competitive workforce. Leave Huge Debts Behind (ie Bush Social Security Plan) mortgages our kid’s future with an extra $200 billion added to the existing Federal debt. Bottom […]

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New Bankruptcy Law Bad for Disabled

Friday, April 22, 2005

Even though Congress included the words “Consumer Protection Act” in the name of this horrible new law, it is really a misnomer. There is not one single pro -consumer part of this law. Because of “means testing”, many middle class Americans will not be able to file for Chapter 7 bankruptcy. The predatory credit card companies spread so much money through the halls of Congress that even moderate Democrats supported this unconscionable gift to these gluttonous money changers. President Bush signed the new law on Wednesday. I went to a presentation last night by a Federal Bankruptcy Trustee who explained […]

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Suffolk Police Officers Honored for Bravery

Wednesday, April 20, 2005

Suffolk County is lucky to have some of the bravest police officers in the New York area. Last weekend, Bill Turley and a group of attorneys from our firm attended the Suffolk County Police Benevolent Association’s Silver Shield Awards Dinner. For over ten years, we have had the privilege of being Workers Compensation Counsel to the PBA. The Silver Shield Dinner is the PBA’s night to honor individual police officers for specific heroic acts. One uplifting example was a group of three officers who responded to a call about a child laying face down in a pond. When the officers […]

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Spitzer Meets with Workers Compensation Alliance

Monday, April 11, 2005

On April 6, 2005, New York State Attorney General (and candidate for Governor) Eliot Spitzer met with the Workers Compensation Alliance in Albany to discuss problems injured workers have with the current Workers Compensation Board. My partner Bill Turley attended this important meeting, which included some of the top workers compensation attorneys and union officials in New York State. Attorney General Spitzer was both engaging and informed. You could tell he did his homework prior to the meeting. He stated that if he is elected Governor in 2006, the Workers Compensation Board will not be used as a tool to […]

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