On May 23, 2024, the New York Department of Financial Services (the “Department”) issued Insurance Circular Letter No. 3 (the “Letter”). The Letter is addressed to “all insurers authorized to write property/casualty insurance in New York State, the New York
Insurance
Zalma’s Insurance Fraud Letter – June 1, 2024
ZIFL Volume 28, Issue 11
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Post 4813
See the full video at https://rumble.com/v4ygd95-zalmas-insurance-fraud-letter-june-1-2024.html and at https://youtu.be/1LCF1mcHGa8
Read the full 26 page issue here in Adobe pdf format.
The Source for the Insurance Fraud Professional
Zalma’s Insurance…
Even Whitey Bulger’s crimes end in insurance coverage disputes: Town of Braintree sues multiple insurance carriers for coverage for wrongful conviction claim by man framed by Bulger
On May 24, 2024, the Town of Braintree filed a lawsuit in Suffolk County Superior Court against fifteen insurers, as well as insurance companies Does 1 though 50, for refusing to defend and indemnify it in a massive wrongful conviction…
Michigan AG Solicits Attorney Help for Climate Change Litigation
In recent months, much of the discussion of ESG issues has focused on the impact of the ESG backlash. However, the predominance of the backlash movement in the current ESG discussion does not mean that interest in addressing ESG-related…
Appeal Dismissed Even With Fraud Allegation
Appeal Lost Due to Failure to Provide an Adequate Record
Post 4810
See the full video at https://rumble.com/v4y7lf3-appeal-dismissed-even-with-fraud-allegation.html and at https://youtu.be/xxyIPIz63Ws
In an action to recover damages for personal injuries, the defendant Myrtle 6, LLC, appealed from an order…
Ninth Circuit Affirms No Coverage in Dispute Over Salvage of Sunken Ship
The Ninth Circuit affirmed the district court’s decision that the insured was not covered for a dispute over the salvage of a sunken ship. Great American Ins. Co. v. May, 2024 US App. LEXIS 10137 (9th Cir. April…
Umbrella Does Not Have Same Exclusion as Primary
Umbrella Does Not Have Same Exclusion as Primary
See the full video at https://rumble.com/v4xzckf-umbrella-does-not-have-same-exclusion-as-primary.html and at https://youtu.be/RM_w_8VHfSc
Post 4809
Many companies find that a single policy of liability insurance is inadequate and purchase multiple layers or insurance. Many times…
Why Retirement Plan Sponsors and Fiduciaries Need to Know about the SEC Cybersecurity Amendments
In 2021, the Department of Labor (DOL) issued cybersecurity guidance for ERISA-covered retirement plans. The guidance expands the duties retirement plan fiduciaries have when selecting service providers. Specifically, the DOL makes clear that when selecting retirement plan service providers,…
Second Circuit Rules ERISA Confers Federal Jurisdiction on Petition to Confirm Arbitration Award
The Trustees of the N.Y. St. Nurses Ass’n Pension Plan v. White Oak Glob. Advisors, LLC, No. 22-1783, __ F.4th __, 2024 WL 2280632 (2d Cir. May 21, 2024) (Before Circuit Judges Lynch and Park, and District Judge Jessica…