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11 Jan 2009, 11:58 pm
Gen Counsel NY Ins. [read post]
9 Jan 2009, 4:15 am
The decision of the Appellate Division, Third Department in Aures v Buffalo Board of Education, 272 A.D.2d 664, demonstrates this. [read post]
8 Jan 2009, 2:24 am
New York Insurance Law § 5218(c) provides: § 5218. [read post]
6 Jan 2009, 1:08 am
Insurance buyers remain anxious and wary. [read post]
29 Dec 2008, 9:53 pm
• Most consumers know little about food irradiation (American Meat Institute, 1993; Bruhn, 2001) • A survey conducted at FoodNet sites in 1998-1999, indicated that the primary reason consumers would not buy irradiated foods (meat, poultry) was due to insufficient information about the risks and benefits; the survey also showed 50% of those asked were willing to buy irradiated meat and poultry and among those, 25% were willing to pay a premium price (Frenzen et al, 2000) •… [read post]
28 Dec 2008, 11:38 pm
GE's policy contained a nonowned auto clause that provided liability coverage for "[a]ny relative of [the named insured] who resides in your household * * * when using a nonowned auto provided that * * * [t]he relative is using the nonowned auto with the owner's permission and for the purpose the owner intended. [read post]
22 Dec 2008, 8:06 am
The judge also authorized the expenditure of $666,000, including payments for the firm's malpractice insurance and for wages for the remaining 17 Dreier employees. [read post]
21 Dec 2008, 12:04 pm
Ct., New York Co., decided 4/23/2007]) that the general principle of "first in time, first in right" does not preclude a court from exercising its equitable power when apportioning insurance proceeds among claimants in an interpleader action, and that full payment to Walsh would reflect the intent of the policy's priority provision to give the claims of Tyco officers and directors priority over those of the company.The First Department AFFIRMED the order appealed… [read post]
16 Dec 2008, 9:03 am
Rent a Car, 2006 NY Slip Op 26177 [Civ Ct, Kings County]). [read post]
16 Dec 2008, 4:00 am
The New York Insurance Department has issued an opinion (see here) requiring admitted Directors and Officers liability (D&O) insurance policies not have a provision placing a duty to defend on the insured. [read post]
16 Dec 2008, 2:01 am
More About the NY Insurance Commissioner’s Recent Opinion: In a recent post (here), I commented on the recent opinion of the New York Insurance Commissioner’s office requiring D&O insurance policies to incorporate a duty to defend. [read post]
15 Dec 2008, 8:07 am
The insurance company has been named in dozens of lawsuits claiming that it tried to hide the dangerous health effects of asbestos. [read post]
14 Dec 2008, 12:20 pm
" A virtually identical statement of disclaimer has been held by the Appellate Department, First Department, to be insufficient to establish that the named certificate holder was an additional insured under an insurance policy, where the policy itself made no provision for coverage. [read post]
11 Dec 2008, 11:33 pm
Even if the new administration is successful in getting insurance coverage to everyone and lowering the over-all cost by cutting out duplication and reducing unnecessary invasive procedures and surgery, what good is it if the health care providers continue to kill more people than the terrorists do? [read post]
11 Dec 2008, 12:15 pm
., Inc. v County of Montgomery, 2008 NY Slip Op 09519, Decided on December 4, 2008, Appellate Division, Third DepartmentCathy Anderson and Grace De Waal Malefyt each worked for a period of time in the title of "part-time" correction officer in Montgomery County. [read post]
10 Dec 2008, 6:34 am
But not in the First Department. [read post]
9 Dec 2008, 8:04 am
An insurer for Brisbane, Calif. [read post]
8 Dec 2008, 2:17 pm
On December 3, 2008, prior to the National Association of Insurance Commissioners (“NAIC”) Winter Meeting, Senator Seward (NY), President of the National Conference of Insurance Legislatures (“NCOIL”), sent a letter (“Letter”) to Commissioner Goldman, Chair of the NAIC Reinsurance Task Force (“Task Force”), regarding the NAIC Reinsurance Regulatory Modernization Framework Proposal… [read post]
8 Dec 2008, 10:27 am
"I want the jurors to learn to work together by figuring it out," she saidCoverage Counsel with a link to an up-dated FAQ from the NYS Department of Insurance on all the latest insurance issues;David Giacalone of f/k/a fame on the History of Snowmen;David Hyman has been doing a series of posts on medical malpractice caps at the Volokh Conspiracy. [read post]
4 Dec 2008, 9:34 am
Yesterday, that opinion letter was posted to the NYS Insurance Department's website and corresponds to the Department's Circular Letter No. 27 (2008), also dated November 21, 2008. [read post]
