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Ira M. Myers, New York City (Weg and Myers, New York City, of counsel), submitted brief, for plaintiff-appellant Nasser Jaser.
Charles T. Rubin, New ...
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Disaster Recovery
The New York Property Insurance Underwriting Association (NYPIUA), a fire insurance underwriter, has had a disaster recovery plan for several years. The NYPIUA (NY, NY) retained IBM's Business Recovery Services division to manage the NYPIUA's internal disaster recovery plan. The disaster recovery plan proved effective when headquarters were shut down by a prolonged power failure. After waiting a reasonable amount of time for restoration of power, the NYPIUA's recovery team moved data tapes and backup applications to IBM's Franklin Lakes, NJ hot site, where the system was restored. The disaster recovery was a success due to thorough pre-planning and the quality of services offered by IBM.
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W.D.N.Y.
AFFIRMED
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... Insurance Agents & Brokers of New York, Inc. is calling for an improved program to help c.... Under the C-MAP program, the New York Property Insurance Underwriting Association, a state-sponso...
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S.D.N.Y., 450 F.Supp. 179
AFFIRMED
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Low-income and minority homeowners, already beset by high mortgage rates and targeted by predatory lenders, also pay higher home insurance premiums for less coverage, according to a report issued Thursday by the Empire Justice Center.
The report -- "How Fair is New York FAIR Plan?" -- supports a 2005 study of insurance costs and access disparities in Monroe County, policy analyst Barbara van Kerkhove said. She said the findings highlight the need for a residential insurance data disclosure law in New York.
...-time data set acquired from the New York Property Insurance Underwriting Association, which shows re...
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S.D.N.Y., 450 F.Supp. 179
AFFIRMED
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.... * September 16, 2008--Insurance giant AIG is nationalized after insuring Lehman's ... direct cash infusions: JPMorgan, Bank of New York/Mellon, Merrill Lynch, State Street, Morgan Stanle... new regulations (Independent Bankers Association of Texas, 2010). . One of the most interesting ele... completion and the sale of commercial property will the borrowers to salvage their properties and... for unsuitable and lax mortgage underwriting, and the firms that invested too heavily in both s...
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Two serious wind events are going to hit Long Island someday. The first will be a storm. The second will be a storm of outrage over the crazy quilt of windstorm insurance deductibles and their triggers.
Consider this scenario: House A, worth $500,000, loses its roof in a storm with winds that hit 76 miles per hour. Its windstorm deductible doesn't kick in unless the storm is a Category 2 hurricane or above. This was just a bad storm so Homeowner A pays only his regular deductible of $250 to get a new roof. If it had been a hurricane, the 2-percent-of-dwelling-value deductible would have kicked in and Homeowner A would have to pay a $10,000 deductible.
... of Professional Insurance Agents of New York. "Ninety-five percent of your readers don't know a... so homeowners must either use a New York Property Insurance Underwriting Association policy with le...
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- Rhulen Agency, Inc., Plaintiff-Appellant, v. Alabama Insurance Guaranty Association, Arizona Property and Casualty Insurance Guaranty Fund, Connecticut Insurance Guaranty Association, Florida Insurance Guaranty Association, Georgia Insurance and Insolvency Pool, Iowa Insurance Guaranty Association, Illinois Insurance Guaranty Fund, Kansas Insurance Guaranty Association, Louisiana Insurance Guaranty Association, Maryland Property and Casualty Insurance Guaranty Corporation, Massachusetts Insurers Insolvency Fund, Michigan Property and Casualty Guaranty Association, Minnesota Insurance Guaranty Association, Nevada Insurance Guaranty Association, New Jersey Property and Liability Insurance Guaranty Association, North Carolina Insurance Guaranty Association, North Dakota Insurance Guaranty Association, Ohio Insurance Guaranty Association, Oklahoma Property and Casualty Insurance Guaranty Association, South Carolina Insurance Guaranty Association, South Dakota Insurance Guaranty Association, Tennessee ..., 896 F.2d 674 (2nd Cir. 1990)
Glen Feinberg, New York City (Of Wilson, Elser, Moskowitz, Edelman & Dicke...New York Property Ins. Underwriting Ass'n, 815 F.2d 240, 242 (2d Cir.1987) ("The citiz...