By Abdul Somad Rabu, 24 November 2021 Application Misrepresentation Declaratory Judgment Default Judgment Garaging Fraud No-Fault Rate Evasion Rate Evasion/Garaging Fraud -- Obtaining a Declaratory Judgment of No No-Fault Coverage Owed NO-FAULT – AUTO POLICY – APPLICATION MISREPRESENATION – RATE EVASION – GARAGING FRAUD State Farm Fire & Cas. Co. v. AutoRx (Sup. Ct....
By Abdul Somad Sabtu, 06 November 2021 Ambiguity Policy Interpretation That or Which and the Rules of Grammar in Insurance Contract Interpretation Those who follow me on LinkedIn know that I consider myself somewhat of a (okay, an obsessive-compulsive) grammarian. A post to LinkedIn ...
By Abdul Somad Rabu, 03 November 2021 Depreciation Holdback Functional Similarity RCV Replacement Cost When a Structure Can be Said to Have "Replaced" Another Structure for Replacement Cost Coverage Purposes -- The "Functional Similarity" Test What do you think? Can a multi-building commercial property comprising a supermarket, a wine and liquor store, a hardware store, a drug sto...
By Abdul Somad November 03, 2021 Contractual Suit Limitations Period Insurance Law § 3404(e) Insurance Law § 3404(f)(1) New York Standard Fire Insurance Policy If You Must Sue Us on Your Property Claim, You Must Do So Within ____ Years After the Loss Quiz time. Question: New York law permits property insurers to require that any suits brought against the insurer to recover for any proper...
By Abdul Somad Selasa, 02 November 2021 Canine Exclusion Underwriting Practices Refusing to Issue or Renew, or Cancelling or Charging More for a Homeowners Insurance Policy Based on Certain Dog Breeds Will Be Illegal in New York State Come January 28, 2022 On October 30, 2021, New York Governor Kathy Hochul signed into law bill S4254 / A4075 , which prohibits insurers from refusing to issue or ...