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Tag Archives: Insurance

State bars insurers from hiking rates due to mandate repeal

NEW YORK CITY (AP) — New York state is moving to prevent health insurers from raising premiums because of the repeal of a federal requirement for most people to carry insurance. Gov. Andrew Cuomo announced the move in a speech ...

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Insurers can’t say no to companies hiring ex-inmates in New York

New York state has a new rule prohibiting insurance companies from denying coverage to businesses that hire former inmates. Democratic Gov. Andrew Cuomo’s administration announced the regulation on Wednesday. Officials say some insurers would refuse to offer commercial crime insurance ...

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Fourth Department – Insurance: Miller v. Allstate Indemnity Company

Appellate Division, Fourth Department Insurance Bad Faith Standard – Punitive Damages Miller v. Allstate Indemnity Company CA 14-01841 Appealed from Supreme Court, Monroe County Background: The plaintiffs commenced an action against the defendant after their claim for property damage to ...

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Fourth Department – Insurance: Dog Day’s Inc. v. Hartford Fire Insurance Company

Appellate Division, Fourth Department – Insurance – Duty of Good Faith – Property Loss Valuation   Dog Day’s Inc. v. Hartford Fire Insurance Company CA 14-00017 Appealed from Erie County, Supreme Court   Background: The plaintiff insured filed a claim ...

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Fourth Department – Insurance: Blair v. Allstate Indemnity Company

Appellate Division, Fourth Department – Insurance – Coverage and Exclusions – Summary Judgment Standard   Blair v. Allstate Indemnity Company CA 14-01165 Appealed from Supreme Court, Chautauqua County   Background: The plaintiffs appeal from an order granting their motion for ...

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Fourth Department — Insurance — Exclusions: JD&K Associates, LLC v. Selective Insurance Group

Appellate Division, Fourth Department Insurance — Exclusions Extension of Coverage — Ambiguity JD&K Associates, LLC v. Selective Insurance Group CA 13-01930 Appealed from Supreme Court, Onondaga County Background: The plaintiff obtained a commercial insurance policy from the defendant that provided ...

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Consumers protected under new state legislation

The passage of consumer legislation will give added protection to victims of property damage when dealing with their insurance company. The legislation will clarify the damage appraisal process. Under present law, all fire insurance policies have clauses that, in the ...

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Court of Appeals — Insurance: QBE Insurance Corporation v. Jinx-Proof Inc.

New York State Court of Appeals Insurance Disclaiming Coverage — Notice QBE Insurance Corporation v. Jinx-Proof Inc. No. 25 Memorandum Background: The plaintiff issued a liability policy to the defendant. A patron of the bar owned by the defendant commenced ...

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Thousands get insurance from NY marketplace

ALBANY — With health insurance through New York’s marketplace scheduled to start next year, thousands of policyholders have to change coverage while even more uninsured are signing up for new policies. Facing a late influx of applications, the exchange pushed ...

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Man admits killing son for $700K insurance

WATERLOO — Authorities said an upstate New York man has admitted killing his son in an insurance scheme that netted him $700,000. Seneca County District Attorney Barry Porsch said Wednesday that 53-year-old Karl Karlsen’s guilty plea to second-degree murder came ...

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Second Circuit — Insurance: CGS Indus. Inc. v. Charter Oak Fire Ins. Co.

U.S. Court of Appeals for the Second Circuit   Insurance Duty to Defend — Indemnification CGS Indus. Inc. v. Charter Oak Fire Ins. Co. 11-2647-cv Judges Newman, Lynch and Lohier Background: The defendant appealed from an order holding it liable to ...

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Court of Appeals — Insurance — Duty to Defend: K2 Investment Group LLC v. American Guarantee & Company

New York State Court of Appeals Insurance — Duty to Defend Breach — Exclusions K2 Investment Group LLC v. American Guarantee & Company No. 106 Judge Smith Background: The plaintiffs made loans to a third company secured by mortgages. When ...

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