HNRK Coverage Corner
Posts in Bad Faith Claims Handling.
On August 22, 2018, the Second Department issued a decision in Tiffany Tower Condominium, LLC v. Insurance Co. of the Greater N.Y., 2018 NY Slip Op 05886, holding that insureds stated a cause of action against a property insurer for breach of the covenant of good faith and fair dealing based on the failure to pay a claim arising from damage suffered during Hurricane Sandy.
Unlike other states, New York does not recognize a separate cause of action against an insurance company for bad faith claims handling. Section 2601 of the Insurance Law forbids certain specified “unfair claim ...
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Recent Posts
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