NY PIP: Post-Claim Policy Exhaustion Appears To Be Revived As a Defenset
For nearly four years now, New York auto insurers have awaited with trepidation a decision from New York’s Appellate Division, Second Department, on a question of great urgency: is “policy exhaustion” a complete defense to a PIP lawsuit (or arbitration) if the policy became exhausted after the claim was denied? The general rule of policy […]
