Category: Insurance

On March 16, 2023, the First Department issued a decision in Florence Capital Advisors, LLC v. Thompson Flanagan & Co., LLC, 2023 NY Slip Op. 01358, holding that an insurance broker can be held liable for negligently failing to obtain coverage . . . Continue reading Broker Can Be Held Liable for Negligently Failing to Obtain Coverage

On February 14, 2023, the First Department issued a decision in Menlo Energy Fla., LLC v. Certain Underwriters at Lloyds London, 2023 NY Slip Op. 00817, holding that an insurance claim was barred because of the insured’s failure to give notice of the claim as soon as practicable . . . Continue reading Insurance Claim Barred By Failure to Give Notice of Claim As Soon As Practicable

On April 7, 2022, the First Department issued a decision in Consolidated Rest. Operations, Inc. v. Westport Ins. Corp., 2022 NY Slip Op. 02336, rejecting a pandemic property damage coverage claim . . . Continue reading First Department Rejects Pandemic Property Damage Coverage Claim

On January 3, 2022, Justice Walker of the Eighth Judicial District Commercial Division issued a decision in Niagara BYG Capital, LLC v. Leatherstocking Coop. Ins. Co., 2022 NY Slip Op. 22015, an insurance policy provision that did not comply with Insurance Law § 3404 was unenforceable . . . Continue reading Insurance Policy Provision That did not Comply with Insurance Law § 3404 is Unenforceable

On December 5, 2021, Justice Masley of the New York County Commercial Division issued a decision in Gemini Ins. Co. v. Golden Ins. Co., 2021 NY Slip Op. 32597(U), holding that an insurance policy did not need to be signed to be in effect . . . Continue reading Insurance Policy Did Not Need to be Signed to be In Effect