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.<br /><br />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.
Applied Underwriters has responded to the lawsuit filed against it by QBE, calling the complaint ‘meritless.’ QBE had filed a petition in the Supreme Court of the State of New York for injunctive relief, naming Applied Underwriters and four of its former aviation professionals who are now Applied Underwriters employees as respondents.
The Second Circuit has now joined the Fifth, Sixth, Seventh, Eighth, Ninth, Tenth, and Eleventh Circuits in holding that no insurance coverage exists for business interruption losses caused by the Covid-19 pandemic and the associated government orders.
Two gangs that enlisted trusted professionals to steal $100 million dollars from insurance companies were taken down Wednesday in what the feds are calling one of the biggest fraud busts in history.
New York City Fire Commissioner Dan Nigro said a malfunctioning electric space heater caused the Bronx apartment fire that killed 19 people, including nine children, and injured dozens of others Sunday morning.
A lithium-ion battery in an electric bike or scooter self-combusted in a Bronx apartment building, sparking a four-alarm fire early Saturday morning, according to the Fire Department of New York (FDNY).
