New York State Insurance Superintendent Eric Dinallo announced proposed regulations yesterday aimed at cutting the time it takes to resolve disputed workers' compensation claims to 90 days instead of the hundreds it now takes.
According to his statement, the proposed new regulation, which follows landmark legislation mandating comp reform, would reduce the time to resolve disputed claims from over six-months to three.
Mr. Dinallo detailed the proposal in a letter sent on June 1, a deadline set by Gov. Eliot Spitzer. In his message, the superintendent outlined the reforms and their benefits, and submitted an accompanying set of regulations.
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