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.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]