Search
 

N.Y. Court Denies OneBeacon Late Notice Claim

Insurers using untimely notice as reason for denying a claim must notify the insured of that belief in writing as soon as reasonably possible, or else the insurer waives the right to that defense,

By Phil Gusman | Updated on February 26, 2009

Insurers using untimely notice as reason for denying a claim must notify the insured of that belief in writing as soon as reasonably possible, or else the insurer waives the right to that defense, according to a recent New York court decision.

In the case before the New York Supreme Court, Appellate Division, First Department–Estee Lauder Inc. v. OneBeacon Insurance Group, LLC, etc., et al.–OneBeacon rejected Lauder’s claim for defense and indemnity with respect to two environmental claims against Lauder.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.