March 19, 2019
A New York federal court on Tuesday granted summary judgment to Factory Mutual Insurance in a suit brought by New York University alleging the insurer held out on coverage for damages inflicted by Superstorm Sandy in the school's Langone Medical Center network.
August 23, 2018
Factory Mutual Insurance Co. on Wednesday hit back at New York University's bid to obtain further coverage for damage caused by Superstorm Sandy in the school's Langone Medical Center network, telling a New York federal judge that the lawsuit is simply an attempt to make the insurer pay for NYU's own mistakes.
July 27, 2018
New York University on Friday told a New York federal judge that it deserves more than the $40 million paid out by Factory Mutual Insurance Co. to cover damage caused by Hurricane Sandy in the school's Langone Medical Center network, saying the insurer cannot hide behind policy limits to avoid payment.
October 29, 2015
New York University sued its longtime insurer in New York federal court on Wednesday seeking $1.4 billion in coverage for losses stemming from Superstorm Sandy at various locations in the school's Langone Medical Center network.