A Manhattan Supreme Court justice has dramatically downsized a lawsuit in which plaintiffs claimed that workers' compensation insurers and their trade organization engaged in an "industry-wide" conspiracy to artificially inflate premiums charged to policyholders. The decision by Justice Ira Gammerman leaves standing only causes of action for breach of contract against 12 insurance companies that actually wrote policies for the 17 plaintiffs in the lawsuit.
July 29, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A Manhattan Supreme Court justice has dramatically downsized a lawsuit in which plaintiffs claimed that workers’ compensation insurers and their trade organization engaged in an “industry-wide” conspiracy to artificially inflate premiums charged to policyholders.
The decision by Justice Ira Gammerman, dated July 14 and released this week, leaves standing only causes of action for breach of contract against 12 insurance companies that actually wrote policies for the 17 plaintiffs in the lawsuit.
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