Search for: "The Insurance Corporation of New York"
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2 Aug 2011, 10:40 pm
In order to raise money, New York has increased its enforcement efforts and issued tens of thousands of penalties, fines and judgments to small businesses and homeowners in New York City, Westchester County and throughout the State for failing to have workers' compensation insurance and/or disability insurance. [read post]
26 Aug 2010, 12:28 pm
The article tells us that the New York Attorney General has opened a fraud investigation and subpoenaed insurers including MetLife Inc. and Prudential Financial Inc.The NAIC says, "Allowing the life insurance companies to default to retained asset accounts is just not acceptable," "How any consumer advocate, which is what an insurance commissioner is suppose to be, could allow a default to a retained asset account raises serious concerns… [read post]
25 Mar 2023, 7:53 am
New York’s Mandatory Minimum Auto Insurance All drivers who own a car registered in New York must comply with New York’s insurance laws before driving on public roads. [read post]
30 Jun 2011, 7:07 am
Sean DeCelle, 44, Troy, New York, pled guilty before United States Magistrate Judge David R. [read post]
9 Mar 2012, 4:21 pm
The Court ruled that the laws of the state of New York precisely excluded pollution from the coverage of all insurance policies issued in New York. [read post]
14 Apr 2010, 11:27 am
In-house counsel should be aware of the new corporate sustainability requirements and recommendations to advise organizations how to develop policies, avoid liability and succeed in the new green economy. [read post]
6 Nov 2018, 5:58 pm
The NRA alleges that New York officials are trying to pressure banks and insurance companies not to deal with the NRA, because of the NRA's political activities.In October 2017, the New York Department of Financial Services began to investigate NRA's Carry Guard insurance program, offered through two insurance companies, Chubb and Lockton. [read post]
9 Oct 2019, 7:34 am
Silver Law Group’s managing partner Scott Silver was interviewed for and gave a quote to The New York Times for an article on Ponzi schemes. [read post]
26 Feb 2011, 4:00 am
Disability Blog & Cases: UNUM class action filed by New York disability insurance attorneys is dismissed by Federal Judge A Federal District Court in New York recently dismissed the class action lawsuit of four individuals whose disability insurance claims were denied or terminated by the Unum Provident Corporation. [read post]
23 Feb 2007, 6:02 am
According to the New York City Comptroller, already "auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims". [read post]
15 Feb 2018, 11:55 am
As we and our sister blogs have previously reported (see here, here, and here), the New York State Department of Financial Services enacted Cybsersecurity Requirements for Financial Services Companies, 23 NYCRR 500, on March 1, 2017. [read post]
28 Aug 2008, 5:01 pm
Grasso was unreasonable compensation.(1) The action was brought under the New York Not-For-Profit Corporation Law (N-PCL). [read post]
12 Nov 2015, 4:33 pm
New York State Inspector General Catherine Leahy Scott announced today the arrests of four Central New York and Southern Tier business owners on fraud and theft charges as part of an ongoing series of investigations into employers and employees who defraud the State Workers’ Compensation system. [read post]
19 Dec 2007, 11:43 pm
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Lawyers on Major Transactions
Thursday, December 20, 2007
By Tyrone Richardson
"Macrovision Corporation, which develops technology to protect movies and music from piracy, has acquired Los Angeles-based Gemstar-TV Guide International Inc. for $2.8 billion. [read post]
15 Jun 2017, 5:47 am
I don’t know about you, but I find that after I have been looking at the same insurance policy forms for the past several hours, it takes very little to amuse me.The other day I was humming along, reviewing application forms for individual corporate-owned life insurance, when I saw in the COLI checklist a reference to § 4216, which is one of the most important sections of the NY Insurance Law for the review of group life insurance policies, but… [read post]
15 Jun 2017, 5:47 am
I don’t know about you, but I find that after I have been looking at the same insurance policy forms for the past several hours, it takes very little to amuse me.The other day I was humming along, reviewing application forms for individual corporate-owned life insurance, when I saw in the COLI checklist a reference to § 4216, which is one of the most important sections of the NY Insurance Law for the review of group life insurance policies, but… [read post]
30 Jan 2024, 9:50 am
However, even where defense counsel does not retain the expert, the insurers in the case may do so, albeit more limited in what they can share with the expert without defense counsel cooperation. [read post]
27 Aug 2010, 1:59 pm
In July, New York Attorney General Andrew Cuomo opened a fraud investigation into retained asset accounts, with subsequent probes announced by Georgia and New York insurance departments. [read post]
5 Mar 2009, 11:56 pm
Keyes, special counsel at the firm, write: On Oct. 16, 2008, the Superintendent of the New York State Insurance Department issued an Opinion Letter asserting that director and officer liability (D&O) insurance policies issued in New York must place the duty to defend on the insurance carrier, not the insured.1 If adopted as a rule of law, this opinion letter would seem to have the potential to drastically alter the… [read post]
6 Jan 2020, 8:24 am
New York Life has acquired Cigna’s disability insurance block after Anthem was unable to do so. [read post]
