New York Law Journal | Analysis
By Jonathan A. Dachs | May 15, 2018
Insurance Law columnist Jonathan A. Dachs writes: A recent split decision of the Court of Appeals has answered an interesting question regarding whether the six-year statute of limitations under CPLR 213(2) or the three-year statute of limitations under CPLR 214(2) is applicable to a dispute with respect to the payment of no-fault (PIP) benefits by a self-insurer, and, in so doing, has raised several questions still to be answered
By MP McQueen | May 11, 2018
The NRA's complaint is seeking damages for what the organization alleges are violations of members' free speech, equal protection and due process under state and federal laws following DFS-imposed consent orders and fines earlier this month against a Chubb subsidiary and insurance broker Lockton Affinity that sold NRA-branded “Carry Guard” gun owner liability policies in New York.
By MP McQueen | May 10, 2018
Fines and consent orders against a broker and insurers followed a DFS probe, which found that the NRA “Carry Guard” program provided liability insurance to gun owners and resident family members for legal costs connected with criminal defense in violation of state law. Meanwhile, the NRA is suing the broker in federal court for discontinuing the program.
New York Law Journal | Analysis
By Evan H. Krinick | May 3, 2018
In his Insurance Fraud column, Evan H. Krinick writes: Four years ago, the New York Court of Appeals issued a decision which some thought might lead to more and more insurance brokers being sued by policyholders alleging that brokers had not obtained sufficient insurance or appropriate policies for them. Several recent cases illustrate that such claims are carefully scrutinized by the courts and make it clear that the floodgates have not opened and that brokers remain relatively well insulated from policyholder claims.
By Andrew Denney | May 1, 2018
Want to bring a no-fault claim against a self-insured entity such as the New York City Transit Authority? The New York Court of Appeals ruled on Tuesday that you have a three-year window to do so, settling an issue that has divided lower and appellate courts and even the high court itself.
By MP McQueen | April 26, 2018
Insurance premium finance companies and budget planners will go to the Nationwide Multistate Licensing System and Registry on May 1, the New York Department of Financial Services announced in the next phase of regulatory transition for nonbank financial institutions in the state.
By Meghan Tribe | April 16, 2018
Heidi Lawson and Greg Hoffnagle are leaving Mintz Levin to join Cooley as the latter seeks to build out litigation, regulatory and insurance expertise in Boston and New York.
By Colby Hamilton | April 12, 2018
District Judge Paul Gardephe conflated the merits of the claims with the issue of standing on an issue in a New York State insurance law that isn't settled by state courts yet.
New York Law Journal | Analysis
By Robert D. Chesler and Carrie Maylor DiCanio | April 5, 2018
New York and New Jersey courts have adopted radically different approaches to the liability of insurance brokers to their customers.
By Kristen Rasmussen | April 3, 2018
Many states and municipalities' efforts to update workplace policies and extend rights beyond the federal Family and Medical Leave Act are presenting difficulties for employers, particularly large ones that operate in numerous states.
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