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Lawsuit payouts put Washington insurance fund at $1.7 billion in the red - The Daily Chronicle
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Lawsuit payouts put Washington insurance fund at $1.7 billion in the red - The Daily Chronicle
Washington state’s costly lawsuit liability problem continues to grow. Ballooning legal payouts — largely due to cases of alleged abuse and neglect in the child-welfare system — have pushed the state’s self-insurance fund to $1.7 billion in the red. That latest “temporary cash deficiency” figure was disclosed in a memo issued Thursday by K.D. Chapman-See, director of the state office of financial management, the top budget official for Gov. Bob …
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