Court Holds Claims-Made-And-Reported Reporting Requirement Not Waivable

Under a claims-made-and-reported insurance policy, an insurer may disclaim coverage if the insured fails to report a claim made against it to its insurer during the policy period (or extended reporting period).
September 28, 2021 Liability Litigation New York

High-Tech Theft Ring Busted After Stealing More Than 225 Vehicles

Ten members of an auto theft and distribution operation were indicted for their roles in the theft and/or criminal possession of 45 vehicles during a six-month period and their roles related to the theft and resale of more than 225 vehicles throughout New York City and Westchester.
September 24, 2021 Auto Fraud New York

Ida Flooding In Northeast Plagues Residents With Insurance Woes

After being pummeled by two tropical storms that submerged basements, cracked home foundations and destroyed belongings, Northeastern U.S. residents still in the throes of recovery are being hit with another unexpected blow: Thousands of families are now swamped with financial losses because they didn’t have flood insurance.

Most of those caught off guard by the intense downpours from the remnants of Hurricane Ida and Tropical Storm Henri lived in areas outside of coastal floodplains, making flood insurance an afterthought for most of the working-class families whose neighborhoods were among the hardest hit.

"When we called the insurance company, the first thing they told us is that they don’t provide any assistance for anything that’s caused by a storm. And they left it at that," Amit Shivprasad said, his rising voice echoing frustrations shared among his neighbors in the Jamaica section of Queens.
September 24, 2021 Catastrophe Property New Jersey New York

New York City’s Biometric Law Opens The Door To Significant Civil Liability

On July 9, 2021, New York City’s Biometric Identifier Information law went into effect, implementing a host of regulations regarding the collection, use, and sale of biometric data by commercial establishments in the five boroughs.
September 13, 2021 Legislation & Regulation Liability New York

New York Regulators Urge Swift Claims Resolution, Approve Independent Adjusters From Other States

New York State officials, bracing for a rush of insurance claims after record-breaking rain submerged large parts of New York City, are urging insurance companies to expedite storm-related claims.
September 8, 2021 Auto Property New York

Theft Scheme Explains Charred Tesla On Frozen Vermont Lake

You may recall the story of a Tesla Model X that burned down on the frozen surface of Lake Champlain’s Shelburne Bay in Vermont in February of 2019.
September 2, 2021 Auto Fraud Florida Massachusetts New Jersey New York Vermont

Ida Batters Northeast With Record Rain And Floods, Tornado

At least 22 people were killed as the remnants of Hurricane Ida battered New York and New Jersey with tornadoes, record rain and flooding that left the area deluged and under states of emergency on Thursday.
September 2, 2021 Auto Property New Jersey New York Pennsylvania

New York Attorneys, Doctors Indicted For $31M Insurance Fraud Scheme

The US Justice Department has announced that two lawyers and two surgeons in New York have been indicted on mail- and wire-fraud charges, for their alleged role in a complex $31 million insurance fraud scheme involving staged accidents that spanned five years.
August 26, 2021 Fraud New York

Cardiologist Sues Insurer Over $1.5M In Swiped Artwork

A wealthy Park Avenue cardiologist and his wife are having an art attack — because their insurance company refuses to reimburse them for $1.5 million in stolen artworks, according to new court papers.
August 24, 2021 Litigation New York

Henri Forecast To Become Hurricane, Make Landfall In The Northeastern United States

After several days of uncertainty and wild swings in forecast models, confidence is increasing in a large tropical system making landfall in the northeastern United States this weekend.
August 20, 2021 Property Connecticut New York Rhode Island

57 Injured In New York Tour Bus Rollover Accident

Saturday afternoon’s tour bus crash on the New York State Thruway prompted a regional emergency response from Central New York hospitals, medical officials said Sunday.
August 16, 2021 Excess & Surplus Lines Workers' Compensation New York

NY Drivers Seek Class Action Against Insurer For Systematically Underpaying Total Loss Claims

A proposed class action suit has been filed against the Progressive Corporation in New York federal court accusing the insurer of underpaying total loss claims by applying an arbitrary and deceptive valuation adjustment.
August 13, 2021 Auto Litigation New York

US Insured Losses From Hurricane Elsa Estimated at $240M

The insured loss to onshore properties from Hurricane Elsa will be around $290 million -- $240 million in the US and $50 million in the Caribbean, according to catastrophe modeling firm Karen Clark & Company (KCC).
July 13, 2021 Auto Property Florida Georgia New York

Patients Could Get ER Bills as Insurer Moves to Deny Claims it Deems Non-Emergent

Insurance giant UnitedHealthcare is cracking down on unnecessary emergency room visits with a new policy starting July 1 that the American Hospital Association says will jeopardize patients’ health and threaten them with financial penalties.
June 10, 2021 Life & Health Alabama Arizona Arkansas Colorado Connecticut

GEICO Files Racketeering Suit Over Multi-Million Dollar Pharmaceutical Billing Scheme

GEICO is suing a New York-based pharmacy company for its alleged role in an insurance billing fraud scheme.
June 10, 2021 Auto Litigation New York
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