Personal injury attorney, George Constantine, and orthopedic surgeon, Andrew Dowd, were convicted by a Manhattan federal jury on Friday, December 16, for knowingly profiting from a $31 million personal injury litigation scam.
Global insurers and reinsurers look set to incur costs stretching into the multi-billion-dollar range from the ongoing winter storm and severe cold weather impacting the United States and Canada.
New York Gov. Kathy Hochul has requested the state’s Department of Financial Services (DFS) issue temporary permits to qualified, out-of-state insurance adjusters to help speed the claims process along for those who were impacted by the November 2022 storm.
Roofs began to creak and collapse under the weight as another storm brought the Buffalo area’s three-day snowfall total Thursday to an epic 6 feet or more, with more still coming down.
Late on the night of September 28, 2018, a fire broke out at billionaire financier Ronald Perelman’s East Hampton estate, known as the Creeks. Multiple firefighting teams from neighboring towns raced in to assist and, after approximately two hours, finally extinguished the blaze.
A former New York Giant who sued a prominent Manhattan surgeon for allegedly ending his football career won a whopping $28.5 million verdict in the case. Running back Michael Cox, 33, had a four-year, $2.3 million contract with Big Blue when he was tackled during a November 2014 game in Seattle.
New York Attorney General Letitia James sued former President Donald Trump, the Trump Organization and others, including the ex-president’s eldest children, for financial fraud on Wednesday, in a lawsuit that includes allegations that the organization made misrepresentations in its purchase of surety bonds and directors and officers liability insurance.
Nearly a year after the remnants of Hurricane Ida flooded the Forest Hills one-bedroom apartment where Heidi Pashko and her husband live, the couple is finally beginning to settle back into their first-floor home of over four decades.
St. Petersburg-based United Property & Casualty Insurance (United P&C) has filed plans to withdraw operations in Florida, Louisiana and Texas and intends to file a plan of withdrawal in New York, its parent company United Insurance Holdings Corp. (UPC) announced Thursday.
There is a hole in the dam. Prior to June 14, every one of the 77 federal and 44 state court appellate decisions interpreting the meaning of ‘direct physical loss or damage’ in a standard-form commercial property insurance policy had ruled against the policyholder.
On December 31, 2021, Governor Kathy Hochul signed into law an amendment to Rule 3101(f) of the New York Civil Practice Law and Rules (‘CPLR’) that requires a defendant to automatically disclose all insurance policies under which an insurer may be liable to satisfy a judgment (the ‘New Rule’).
A former electrician who was claiming benefits for a 2013 injury evidently forgot the internet era’s first rule of disability fraud -- don’t let anyone post anything about you on social media ever.
A policyholder cannot sidestep its insurer by collecting a $22 million claim from 10 reinsurers and insurance brokers, a federal appeals court said Friday, in a ruling involving a Willis Towers Watson PLC captive manager.
Major cities across the US have seen an ‘unprecedented’ surge in auto thefts and carjackings in recent years, the National Insurance Crime Bureau (NICB) has warned.
Testifying before a US Senate Committee on the issue of car thefts, NICB president and CEO David Glawe spoke not only of the rise in auto theft cases, but also discussed the apparent connection between car stealing and other serious violent crimes.