NY Ruling Keeps Insurers' Late Notice Defense Alive

Law360, New York (January 30, 2013, 9:51 PM EST) -- A New York federal court recently sided with an insurer fighting coverage for a roof collapse in the first decision to interpret a game-changing 2008 law on late notice of claims, showing New York is still friendlier to carriers on late notice standards than other states are, attorneys say.

U.S. District Judge Denise Cote held in mid-January that Value Waterproofing Inc.'s delay in notifying Atlantic Casualty Insurance Co. about the roof collapse was serious enough to bar coverage for an underlying lawsuit blaming its repair work...
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