Insurers, Trial Attys Split On Hit-And-Run Coverage Bill

Law360, New York (September 6, 2012, 6:29 PM EDT) -- A looming decision by Gov. Andrew Cuomo on whether to sign legislation that would see many New Yorkers buy extra protection from hit-and-run car accidents has triggered a fight between an insurance group, which says the bill limits choice, and lawyers who say the real worry is profit-oriented.

Lawmakers in Albany voted in June to pass a measure that would force Empire State auto insurance policyholders to opt out, instead of opting in, when deciding to buy levels of supplementary uninsured/underinsured motorist coverage that go beyond the state's...
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