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Introduction. The Dutch first settled along the Hudson River in 1624; two years later they established the colony of New Amsterdam on Manhattan Island. In 1664, the English took control of the area and renamed it New York.
New York was the first state to. establish a workersâ compensation system, and by 1920 most states had workersâ. compensation laws. Created in 1914 as the result of an historic agreement between employers and workers, the. New York State Workersâ Compensation Law ensures that in exchange for guaranteed.