April 14, 2014
Auto insurers use many factors, including a motorist’s education and occupation, to accurately gauge their risk, industry representatives told state lawmakers Thursday, a week after a consumer advocacy group called the practice unfair. “The more accurate we can make our …
April 9, 2014
The engineer on a New York commuter train that derailed at high speed last year, killing four people, had a serious sleep disorder that interrupted his rest dozens of times each night, federal investigators disclosed Monday. The National Transportation Safety …
April 7, 2014
New York’s largest auto insurers factor in a motorist’s education level and occupation when calculating policy rates, charging blue-collar workers more than college-educated professionals, a consumer watchdog group reported Thursday. The analysis by the New York Public Interest Research Group …
April 7, 2014
More settlements have been reached in lawsuits stemming from last year’s crash of a commuter ferry in lower Manhattan. More than 80 people were injured, including one seriously. Notices of four settlements were filed in federal court in Newark last …
March 25, 2014
Nearly half of the $1.2 million in equipment purchased by the state to keep polling stations open after Superstorm Sandy wasn’t received, recovered later or disposed of properly, New York auditors reported Friday. In the first of several audits examining …
March 14, 2014
New York state is providing grants to help communities along the Mohawk River better handle the threat of future floods. Gov. Andrew Cuomo says more than $640,000 will be provided through the Environmental Protection Fund administered by the Department of …
March 5, 2014
The Court of Appeals of New York recently revisited its decision in K2 Inv. Group, LLC v. American Guar. & Liab. Ins. Co., reversing its prior ruling and finding that an insurer that breaches its duty to defend is not …
February 26, 2014
New York’s Scaffold Law doesn’t improve workplace safety and diverts millions of dollars to litigation and insurance, that’s according to a study released earlier this month by researchers at the University at Albany and Cornell University. Labor Law 240 imposes …
February 20, 2014
The New York Insurance Association (NYIA) announced that the Court of Appeals reversed its decision in the case of K2 Investment Group v. American Guarantee & Liability Insurance Company. The new decision upholds the principle that an insurance policyholder is …
February 10, 2014
Citibank has agreed to pay $110 million to settle a class-action lawsuit filed by a Syracuse man who says he was forced into a 400-percent increase in his flood insurance premium. Gordon Casey of Syracuse sued the mortgage lender two …