NYC claims payouts top $686M in last fiscal year - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

NYC claims payouts top $686M in last fiscal year

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NEW YORK (AP) - A new report finds New York City paid out more than $686 million during the last fiscal year in settlements and court awards. The disputes ranged from slip & falls to contract disputes to lawsuits against police.

City Comptroller John Liu's report Thursday says the total is down very slightly from the previous fiscal year. But he notes that costs are rising in the areas that account for more than three-quarters of the payments: personal injury and property damage.

The city paid out more than $550 million in those areas in fiscal 2011, up more than 5% in a year. That includes three consistently expensive areas: claims against police, city hospitals and the city Transportation Department.

The totals include both lawsuits and matters handled through a city claims process.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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