By Lawrence N. Rogak. The statutory rate of interest on judgments in New York is 9% annually (CPLR 5004). The interest rate on unpaid NY PIP bills is 24% annually (Insurance Law 5106(a)). So if a...
By Marc H. Pillinger, Jeffrey T. Miller and Nicholas Tarallo. What makes PMT your trusted advisor? We put your interests first. We always look at what we do from your perspective and aim to find...
By Thomas M. Bona and Neil L. Sambursky. Some laws last forever, and other laws only seem that way. New York’s law concerning damages for a wrongful death was enacted over 150 years ago and remained...
By Marc H. Pillinger. We have always advised our carriers to disclaim coverage “as soon as practicable” and not rely on Reservation of Rights letters when dealing with insurance coverage matters...
By Jeffrey D. Schulman and Ernest J. Bernabei III. When the Masks Come Off, and the Construction Lights Come on; What Employers Should Prepare For. In the first two days of his presidency, Joe Biden...
By Richard J. Freire and Debora J. Dillon. At PMT, we don’t believe in waiting and hoping for the best possible result for our clients. We make it happen. Commercial buildings in New York City can...
By Charlene Stewart Barnaba, Laurie A. Carroll and Anthony M. Napoli. PMT continues our effort to keep you informed and assess the impact of the Covid-19 pandemic on businesses. Businesses should...
By Thomas M. Bona and Daniel O. Dietchweiler. Court: United States District Court Northern District of New York Judge: Hon. Brenda K. Sannes Case Type: Action to recover funds paid for catastrophic...
By Thomas M. Bona. In our world of insurance work, we are all aware that above 90% of cases settle before trial. The reasons for this are simple and obvious: parties to a lawsuit, especially where...
By Marc H. Pillinger. Formerly known as “ChemGrass,” artificial turf was first invented in 1964 by Monsanto. After its installation in Houston’s Astrodome in 1966, artificial turf...