New York law requires all drivers to maintain policies of auto insurance with specific amounts of coverage. Since many drivers do not have the required insurance, state law also requires auto insurance policies to include uninsured motorist (UM) coverage. Underinsured motorist (UIM) coverage is optional under state law. In order…
Articles Posted in Spotlight On the Insurance Industry
Allstate Named America’s Worst Insurance Company
https://www.injurylawny.com/The American Association of Justice recently released their report named “The Ten Worst Insurance Companies in America: How They Raise Premiums, Deny Claims, and Refuse Insurance To Those Who Need It Most.” In the report, Allstate is cited as the worst insurance company in the U.S. The methods by which…
NY Insurance Companies Latest Attack on No-Fault Benefits
Almost since the inception of New York’s No-Fault Law in 1974, New York automobile insurance companies, and particularly, Allstate, State Farm, and New York Mutual Insurance, to name a few, have for years, added insult to the injury of our clients’ car accident injuries by seeking to cut off benefits…
Car Accident Underinsurance Coverage in New York
Joe, a 32 year old Westchester County resident, is driving his 2008 Lexus to meet friends in New York City. On his way south on the F.D.R. drive, he is in a serious car accident with a New York City taxicab with a minimal liability insurance policy. Joe is taken…
Senator Leahy Introduces The Insurance Industry Competition Act
For the last six decades, insurance companies have enjoyed immunity from federal anti-trust investigation and prosecution. On February 15th of this year, Senator Leahy (D. Vermont) announced a bipartisan bill that would give the Department of Justice and the Federal Trade Commission the authority to apply antitrust laws to anti-competitive…
Insurance Medical Examinations After Your Accident–Adding Insult to Injury
When clients are injured in various types of accidents in New York, including motor vehicle, slip/trip and falls, and other accidents due to unsafe conditions, they are invariably required to attend examinations known in the legal community as “IME’S.” Simply put, defense attorneys and insurance companies retain doctors who are…
New York Auto insurance carriers–Are You “In Good Hands?”
Several insurance companies, and in particular, Allstate Insurance Company (“The Good Hands People”) and State Farm Insurance Company (“The Good Neighbors”) use a computer system known as “Colossus” to evaluate their personal injury claims. If Colossus decides that your case has little or no merit, no claims adjuster with the…