Eastern Contractors Association recently joined other organizations across the state in sending a letter to Governor Hochul asking her to veto S.74/ A.6770, which amends the Estates, Powers and Trusts Law in relation to payment and distribution of damages in wrongful death actions. As relayed in the letter, this bill would radically expand the kinds of damages recoverable in wrongful death actions, driving up liability insurance premiums for public and private entities across the state. According to an actuarial analysis by Milliman, Inc., the bill would increase medical professional liability costs by nearly 40%. Automobile liability and general liability insurance would increase by as much as $2.2 billion. The result would be a 12.6% increase in annual premium across the board for residents and businesses. Click here to read the letter.