image credit: Unsplash

New York Corporations Face Fines for Criminal Liability for Construction Deaths, Injuries

January 13, 2023

Corporations in New York’s construction industry will face increased fines of up to $500,000 if they are found criminally liable for worker deaths or serious injuries.

Gov. Kathy Hochul signed into law what has been named Carlos’ Law. The legislation (S.621B/A.4947B) amends the state’s penal law to increase the penalties for criminal corporate liability for the death or serious physical injury of an employee. It raises the maximum fine for criminal liability from $10,000 to no less than $500,000, or, in the case of a misdemeanor, no less than $300,000.

Read More on Insurance Journal