Business Lobby, Trial Lawyers at Odds Over Claim That 'Excessive' Litigation Is Driving New York's Affordability Crisis

A report by a consortium of New York City's largest employers, including law firms and banks, says the Empire State's soaring insurance costs are driven by "excessive" litigation, while suggesting reforms. But New York's largest lobby for trial lawyers fired back by saying the claims should be taken with a grain of salt, since the consortium is a longtime power-broker.