Sandy Insurance Bill A Gift For Plaintiffs Bar

Law360, New York (March 12, 2013, 8:06 PM EDT) -- New York lawmakers are considering handing new legal powers to policyholders impacted by disasters such as Superstorm Sandy so they can score punitive damages and attorneys' fees from insurers that unfairly handle claims, but critics of the move say it's more likely to profit plaintiffs attorneys than help out storm victims.

Assemblywoman Helene Weinstein, D-Brooklyn, last week proposed amending a state law that targets unfair claims practices by insurers. Her bill, A. 5780, would create a private right of action for companies and individuals that are...
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