Jump to NavigationJump to Content

Markhoff & Mittman, P.C. - 914.946.1452

Best Source of Up-to-Date news on workers' compensation and disability in New York

AIG Underpays Workers' Comp Pools, Claims


Posted on Jun 28, 2010

You get injured on the worksite, and you want your employer to help with a workers' compensation claim.  Days drag by, and no money comes in.  If you think it's an isolated event, think again. 

One of the largest cases to date involves AIG, and there are roughly 1 billion reasons to keep track of the case, as that's how much damages other insurance companies are seeking from the embattled firm. Each company is expected to pay into a worker's compensation fund for a given state, but competitors say 
that AIG under-reported how much it was getting from employees and employers.

Now the company has until the beginning of September to turn over its financial records to other organizations, having been forced by a judge to do so. Beginning three years ago, other insurers have said that AIG underpaid for roughly 30 years.

How does that affect you? It makes it more difficult for you to get help if your workers' compensation insurance failed, or if your employer couldn't get coverage from one of the private insurers. The funds that AIG allegedly underreported are used to help these little guys. They've even been accused of underpaying the wounded contractors 
who provide overseas security work for the military.

It's why you need to look out for any instances of
workers' comp fraud 
to make sure that you're still protected by the law and can receive some legal aid if you get injured.

Although you may be in pain, it's important to realize that insurance companies don't make money if medical treatments are effective, yet expensive. So keep in mind that you might want the help of a team of workers' compensation experts like Markhoff & Mittman to help you receive the right treatment, and
not get run off 
by a company like AIG.

Read More About AIG Underpays Workers' Comp Pools, Claims...

back to top




Workers' Comp Attorney New York



New York AttorneyWestchester Attorney  | White Plains AttorneyBronx Lawyer  |
Workers' Comp Attorney New York  | Workers' Comp Attorney White Plains   |
Westchester Workers' Comp Attorney   | White Plains Social Security Disability Attorney
Legal Disclaimer