March 7
Christie Liberates Captives
By Gregory V. Serio New Jersey Governor Chris Christie’s recent enactment of legislation into law allowing for the creation of captive insurance companies in the Garden State has not only created a new economic opportunity there but also has brought about a moment of reckoning for his neighbors to the East. New York, once counted […]
NYSID REPORT P/C FRAUD
The NYSID together with other State and Federal agencies have stepped up the fight against fraud. The Annual Report of the Superintendent of Insurance on the operations of the Frauds Bureau and an assessment of the insurance industry’s anti-fraud efforts for 2010, which reveals an aggressive, even creative approach…and good options. A total of 668 […]
Score Card
One area in which the Insurance Advocate has been consistent is our attack on insurance fraud and our deep concern over the indifference in some quarters to problems that afflict New Yorkers as a consequence; for example the no-fault system – see our February 7th issue. In this issue we present the Insurance Department’s Property Casualty Fraud Report […]
SOS (Save Our Schools)
I’m sure you have been hearing and seeing all of the commercials, newspaper articles, and conversations about states around the nation where governors and legislatures have cut spending in areas that may personally affect so many of us, either directly or indirectly. One area of importance to all is in the area of education. Whether […]
Default Denied in Pip/Um Subro Suit for Failure to Plead Essential Facts
The Court’s duty is not “ministerial.” If subject matter jurisdiction is lacking, the Court should “refuse to proceed further and [should] dismiss the action.” This court decision involves a fact pattern that is not often litigated: it is a PIP and UM subro suit against a non-covered person — that status applying because the defendant […]
Convincingly Communicated
As I write this column Japan has just experienced a major earthquake, a tsunami and 2 nuclear power plant explosions. The news is inundated with stories and footage of the damage. When you look at the desperation and agony on the face of the Japanese people your heart breaks. Many have lost their home and […]
