Daily Archives: Sunday, July 9, 2017

Posted: July 9, 2017

Insurers’ Repudiation of Liability Relieves Insured of Obligation to Cooperate

On June 27, 2017, the First Department issued a decision in J.P. Morgan Securities Inc. v. Vigilant Insurance Co., 2017 NY Slip Op. 05181, holding that an insurer’s repudiation of liability relieved the insured of its obligation to cooperate with the insurer, explaining: Defendants’ unreasonable delay in dealing with plaintiffs’ claims under the insurance contracts,... Read more »