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Archive for the ‘Insurance Law’ Category

I saw an excellent post about how Congress, including Democrats, weakened oversight of the financial system in the 90’s by restricting investor lawsuits. It is located on John Russonello’s blog, and I caught it after seeing it referred to in that venerable blog, Tort Deform.  Here is Mr. Russonello’s opening salvo:

President Obama’s pledge to bring back some [...]

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We plaintiff lawyers see it all the time. Disability insurers commonly send injured people to their stable of doctors who say the person is able to work, often in contrast to the opinion of treating physicians, and then the insurance company denies the claim on that basis.  
In a way, it’s kind of like the equivalent of [...]

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Bloomberg. com reports that billion dollar verdicts are vanishing from U.S. courtrooms. In 2008 no such verdict was rendered by a jury, and there was only one in 2007. But in the previous 14 years, there were a total of 26 billion-dollar verdicts.
One reason for this is that the Supreme Court and lower appeals courts have limited [...]

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Long Island Business News recently published an article concerning new laws that are going into effect this year that will affect business and consumers. Here they are in capsule summary form, but you can also check out the article for more detail:

Repeal of the no-prejudice rule that allowed insurers to deny coverage if the insured failed [...]

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Perhaps no other public agency is the butt of as many jokes as the post office. But the mailing, and alleged late receipt of, a premium payment was no laughing matter for the petitioners in a Long Island based life insurance dispute. (See Fidelity Nat’l Title Ins. Co. v. Regent Abstract Serivces Ltd., N.Y. Cty. 110144/08, [...]

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