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Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: third party may not bring direct action against insurer in foreign jurisdiction pursuant to new Insurance Law 3420

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: Insurance Law 3420 also applies to policies issued in NY but delivered out of state

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: new prejudice rule set forth in Insurance Law 3420 may also be incorporated in non-liability policies at insurer's option

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: Insurance Law 3420 also applies to claims-made policies

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

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