Liability Risk and Insurance
New York sidewalk falls
A special report in the New York Daily News of 1 July 2002 focuses on those sidewalk areas repeatedly cited in compensation
claims for trips and falls. In recent years more than 30 people have fallen in the same stretch by the junction of 42nd Street
and Fifth Avenue. From 2,248 settled claims in 1997 for US$46mn the cost rose to US$65mn in 2001, the level of compensation
remaining the same, the increase coming from more claims for fall-injury.