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30 Jul 2008, 10:24 am
[JURIST] The New York Civil Liberties Union (NYCLU) [advocacy website] has announced that health insurance company BlueCross BlueShield of Western New York [corporate website] has agreed to extend health-care benefits [NYCLU press release] to spouses in validly married same-sex couples. [read post]
11 Mar 2011, 9:26 pm
A New York State Supreme Court Judge has ordered the Superintendent of the New York State Insurance Department to present the Court with a proposed order and plan of liquidation for Executive Life Insurance Company of New York (ELNY) on or before July 1, 2011 which establishes a briefing schedule and provides for notice to all ELNY creditors, after the Superintendent confers with the Life Insurance Company Guaranty… [read post]
28 Aug 2009, 10:44 am
According to the New York Insurance department publication, "Respondent failed to report to the Superintendent (New York Superintendent of Insurance) within 30 days of the final disposition of the matter that Respondent Pressman Settlements Corporation was fined by the Florida Department of Financial Services. [read post]
1 Aug 2008, 4:08 pm
New York Life Insurance and Annuity Corporation (NYLIAC) is the qualified assignment company used for New York Life structured settlements. [read post]
28 Apr 2011, 10:21 am
As a Vice President of the New York State Academy of Trial Lawyers, a statewide bar association representing attorneys,members of the judiciary and law professors throughout New York State, it was my honor to represent the Academy and provide testimony to the New York State Senate Insurance Committee earlier this week that was examining issues of No Fault fraud and ways to "reform" New York's No Fault… [read post]
14 Dec 2016, 9:00 am
Read More » Tags: Indemnification, Insurance, Insurance Coverage, New York [read post]
14 Jan 2011, 2:52 pm
Finally ending a nearly six-year ordeal for the defendants, New York's attorney general has dropped all remaining charges against eight insurance executives from Marsh & McLennan Companies. [read post]
23 Aug 2007, 8:29 am
It has been reported that New York Life Insurance Company, and its subsidiary New York Life Insurance and Annuity Corporation, have been upgraded to AAA by Standard & Poors (S&P). [read post]
9 Nov 2016, 2:03 pm
On November 9, 2016, my colleagues Syed Ahmad, Shawn Regan and Shannon Shaw, published an article in Corporate Counsel discussing a recent decision from New York’s highest court that may impact the exchange of information between policyholders and their insurers. [read post]
18 Mar 2021, 12:25 pm
On March 16, 2021, the New York Department of Financial Services issued Circular Letter No. 5 “Diversity and Corporate Governance,” which notifies all insurers of the need for increased prioritization of diversity in C-Suite leadership and corporate governance more generally. [read post]
11 Jan 2011, 10:00 am
[JURIST] The New York Court of Appeals [official website] on Tuesday dismissed [opinion] a lawsuit against bond insurance company MBIA [corporate website] alleging breach of contract brought by several of the world's largest financial institutions. [read post]
15 Jun 2015, 2:40 pm
The rule further sets parameters with respect to ancillary charges, ensuring that title insurance corporations and title insurance agents do not charge consumers in New York improper and excessive closing costs . *** The proposed regulation prohibits “pick up fees” for closers. [read post]
4 Oct 2023, 8:00 am
State of New York submitted opening statement presentation (Oct. 2, 2023) Defendants Witness List (as of Sept. 27, 2023) (Sept. 27, 2023) State of New York Witness List (as of Sept. 27, 2023) (Sept. 27, 2023) State of New York submitted facts to be proven at trial (Sept. 26, 2023) State of New York note of issue and certificate of readiness for trial (July 31, 2023) Depositions Transcript of video deposition of Donald J. [read post]
24 Oct 2011, 3:27 am
Keeley Bamforth and her New York disability lawyer recently filed a lawsuit against Frontier Communications Corporation and Prudential Insurance Company of America in New York Federal Court in an attempt to collect her rightfully deserved disability benefits. [read post]
23 May 2022, 1:00 pm
Courts applying New York law have gone both ways on whether privilege applies to communications with the insured’s broker. [read post]
25 Feb 2021, 6:41 am
As reported on the Hunton Insurance Recovery blog, on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. 2 (2021) regarding “Cyber Insurance Risk Framework” (the “Guidelines”), calling on insurers to take more stringent measures in underwriting… [read post]
25 Apr 2018, 2:44 pm
District Court of the Northern District of New York. [read post]
9 Dec 2010, 8:56 am
" The court pointed out that the matter turned on two key provisions of New York's insurance laws: New York's insurable interest requirement is codified in Insurance Law § 3205(b). [read post]
14 Oct 2008, 7:04 am
Briggs did not notify its liability insurer, Insurance Corporation of Hannover (ICH), of the incident. [read post]
16 Oct 2007, 5:03 pm
(CODA), a subsidiary of ACE Bermuda [corporate website], has filed a petition in a New York trial court requesting an order compelling former Tyco International [corporate website] CEO L. [read post]
