A Look Back at Insurance Law in 2008

American Bar Association

PUBLISHED ON: March 20, 2009

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As insurance lawyers and public adjusters look back on 2008, one of the most significant developments was the New York State Court of Appeals’ decision in Bi-Economy Market, Inc. v. Harleysville Ins. Co. of New York, 10 N.Y.3d 187 (2008). This article reviews the Bi-Economy claim and litigation and discusses how this landmark decision should make the playing field more level for policyholders and improve the way that insurance claims are handled in New York State.