Changes in New York Insurance Law Help Injury Victims
Posted by Carol A. McKenna, Associate, Faraci LangeSection 3420 of the New York Insurance Law, which sets forth requirements for liability insurance policies issued in New York State, was amended recently in two important ways that will help injury victims. Liability insurance policies, including automobile and homeowner’s insurance policies, typically require that the negligent party inform his or her insurance company of any possible claims within a particular period of time. These notice provisions are designed to ensure that the company has an opportunity to investigate claims right away, while witnesses can still be located and evidence has not been lost or destroyed. More…


