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Honda Recalls 563K+ CR-Vs In Cold-Weather States Over Salt-Related Corrosion

Honda Recalls 563K+ CR-Vs In Cold-Weather States Over Salt-Related Corrosion

Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle's rear trailing arm to corrode and detach, which could lead to a crash.
April 10, 2023 Auto Subrogation Connecticut Delaware District Of Columbia Illinois Iowa

Lawsuit: Movers Insurance Coverage Denied After Accident Floods Luxury Condo Building

Lawsuit: Movers Insurance Coverage Denied After Accident Floods Luxury Condo Building

A bulky couch. A narrow stairwell. A sprinkler head. Put them together and what do you get? Millions of dollars in property damage. And an insurance company that refuses to pay because the incident -- couch vs. sprinkler head -- happened inside a luxury downtown condominium, and not on the street.
March 30, 2023 Litigation New York

Proposed Class-Action Filed Against Signature Bank And Former Execs For Fraud

Proposed Class-Action Filed Against Signature Bank And Former Execs For Fraud

Signature Bank (SBNY.O) and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator.
March 15, 2023 Liability Litigation New York

E-Scooter Battery Explosion Sparks Fire In Bronx Market

E-Scooter Battery Explosion Sparks Fire In Bronx Market

Seven people were injured after an e-scooter battery exploded in the back of a Bronx supermarket Sunday morning, officials said.
March 6, 2023 Property New York

1 Dead, 10 Injured In NYC House Fire Sparked By Lithium-Ion Battery

1 Dead, 10 Injured In NYC House Fire Sparked By Lithium-Ion Battery

A man is dead after a late-night house fire was sparked by a lithium-ion battery in New York City, according to officials.
January 23, 2023 Life & Health Property New York

Fraudsters Convicted In $31M Personal Injury Litigation Scheme

Fraudsters Convicted In $31M Personal Injury Litigation Scheme

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.
January 5, 2023 Fraud Litigation New York

US Winter Storm Likely To Drive Multi-Billion Re/Insured Loss

US Winter Storm Likely To Drive Multi-Billion Re/Insured Loss

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.
December 29, 2022 Catastrophe Property New York

NY To Authorize Out-of-State Insurance Adjusters to Help With Storm Claims

NY To Authorize Out-of-State Insurance Adjusters to Help With Storm Claims

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.
November 21, 2022 Legislation & Regulation Property New York

Roofs Collapse Following Days of Heavy Snow in New York

Roofs Collapse Following Days of Heavy Snow in New York

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.
November 21, 2022 Property New York

Expert Opinion: Conflicting Testimonies In Billionaire’s Lawsuit Over Fire-Damaged Artwork

Expert Opinion: Conflicting Testimonies In Billionaire’s Lawsuit Over Fire-Damaged Artwork

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.
October 31, 2022 Excess & Surplus Lines Litigation New York

Former NFL RB Awarded $28.5M in Medical Malpractice Case

Former NFL RB Awarded $28.5M in Medical Malpractice Case

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.
September 28, 2022 Liability Litigation New York

Trump Accused of Insurance Fraud in New York Lawsuit

Trump Accused of Insurance Fraud in New York Lawsuit

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.
September 22, 2022 Fraud Litigation New York

1907 Law Used to Deny all Hurricane Ida Property Claims In NYC

1907 Law Used to Deny all Hurricane Ida Property Claims In NYC

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.
September 13, 2022 Liability Property New York

Another One Bites The Dust: United P&C To Quit Florida, Louisiana, Texas And NY Homeowners Markets

Another One Bites The Dust: United P&C To Quit Florida, Louisiana, Texas And NY Homeowners Markets

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.
August 26, 2022 Insurance Industry Liability Property Florida Louisiana New York Texas

Louisiana And New York Courts Becomes First To Confirm Liability For COVID-19 Shutdowns

Louisiana And New York Courts Becomes First To Confirm Liability For COVID-19 Shutdowns

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.
August 1, 2022 Liability Litigation Subrogation Louisiana New York
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