Settlement Reached in Deadly NYC Crane Accident The parents of a construction worker killed in a New York City crane accident have settled their wrongful death lawsuit for $1 million. The Daily News (http://nydn.us/1cWbX2F) says Yonkers insurance company Liberty Mutual agreed to settle the suit filed by Colleen and Michael Simermeyer. The settlement was reached without admission of wrongdoing from crane owner Yonkers Contracting. The company didn't return calls seeking comment. Thirty-year-old Michael Simermeyer of Burlington, N.J., was crushed when a tractor crane collapsed on April 3, 2012, at the No. 7 subway extension projection in Manhattan. A federal investigation determined the cable holding up the 160-boom was frayed before it snapped. Investigators have said the accident was preventable had the proper procedures been followed. Yonkers Contracting is contesting the findings.