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... soon as is reasonably possible precludes effective disclaimer, even where the insured's notice of the incident is untimely (see Tex Dev. Co. v Greenwich Ins. Co., 51 AD3d 775 [2008]). Timeliness of an ... disclaiming is an assertion that there was a need to investigate issues that will affect the decision on whether to disclaim, the burden is on the insurance company to establish that the delay was reasonably related to the completion of a necessary, thorough, and diligent investigation (see Quincy ...

... "any prearranged or organized racing or speed contest." MIC Property & Casualty Corp. insured Pedro Avila and his vehicle. On October 3, 2005, the Avila vehicle, ... . Co., 89 NY2d 293, 298). Any ambiguity in the exclusion is to be construed against the insurer (see Allstate Ins. Co. v Noorhassan, 158 AD2d 638, 639). "The test for ... policy" (NIACC, LLC v Greenwich Ins. Co., 51 AD3d 883, 884 [internal quotation marks and citations omitted]). "The insurance company bears the burden of establishing ...

Greenwich Ins. Co. v. Media Breakaway, LLC (C.D. Cal. July 22, 2009) Defendants online marketing company and corporate officer were sued by MySpace Inc. for sending spam mail through MySpace users' accounts without ... intentionally dishonest activity and obtained profits from their phishing scheme to which they were not entitled. Additionally, the court held that the California Insurance Code §533 barred coverage for losses caused by the willful act of the insured, such as ...

... PREMISES Greenwich Ins. Co. v. Volunteers of America-Greater N.Y., Inc. (1st Dept., decided 5/21/2009) Greenwich Insurance Company paid for fire damage to premises leased to the defendant and commenced this subrogation action to recover its payments. The defendant's lease with Greenwich's insured, the subrogor, contained two provisions regarding the defendant's liability for damages to the leased premises -- one specific to fire damage, ...

... large tractor trailer truck. The truck driver was 61-year-old William Fishbaugh of Greenwich, OH. He was been charged with running a stop sign, reckless driving, and ... many drivers forge their log books to circumnavigate the rules. In most trucking companies, the truck drivers are paid by the number of miles they drive, rather than the number of ... GA truck wreck lawyer who will stand up against large trucking companies as well as insurance companies. Call MLN Law at 404-531-9700 to schedule a free ...

... include Tremont; Oppenheimer Acquisition Corporation, which acquired Tremont in 2001; Massachusetts Mutual Life Insurance Company, Oppenheimer's parent; and Ernst & Young, the Fund's auditor. The complaint (which can be found here) alleges violations of the federal securities laws as well as ... initiated a lawsuit in New York County (New York) Supreme Court against the Fairfield Greenwich Group, the hedge fund firm that has as much as $7.5 billion invested with Madoff. ...

... up less than .003% of the pool. Countrywide hired Lehman Brothers and Greenwich Capital Markets to divide the trust into 13 slices and sell each ... B and came with higher yields but would be first to absorb any losses. Greenwich coordinated the sale of senior tranches. Lehman found investors for the junkier slices, labeled ... senior tranches were bought by insurers Genworth, Alfa Insurance, Ohio National and Investors Capital Research, a mutual fund company, as well as undisclosed private investors, ...

... recipients needs to be expanded to other types of financial firms" including auto finance firms, insurers and others. Says that any company that gets government money under TARP should eliminate cash dividends and that compensation and ... bid) and who notes that he probably represents the largest concentration of hedge fund managers probably in the country (Greenwich) asks whether there was evidence that an implosion was imminent. Also asks whether a centralized exchange would have prevented the ...

... Central District of California. The lawsuit is filed against Madoff and his firm, but also names as defendants Brighton Company, a California limited partnership and a so-called "feeder fund," and its principal ( Stanley Chais). The firm's press ... is helpfully collecting a list of Madoff's victims here. It is a long list but it is also clearly incomplete; for example, Fairfield Greenwich Advisors may have been hit with $7.5 billion in losses, but those amounts in reality represent the losses of ...

... Massachusetts securities sales. However, Galvin did say that his probe has expanded to include other "feeder firms" - companies that lined up Madoff investors. "Although many Massachusetts investors found their way to Madoff through Cohmad, we ... firm)," Galvin said. He said regulators are seeking information from three other feeders: Austin Capital Management, Fairfield Greenwich Group and a subsidiary of Springfield-based MassMutual. Although federal officials in New York are leading the Madoff ...