In today's Newsday, a "top story" discusses the New York State insurance law, which largely bars policyholders from collecting legal fees when suing insurers, and the argument that such a provision allows companies to underpay claims with little fear of being challenged in court.
The New York Law Journal recently published an article on this in "Keeping the Faith in Insurance Bad Faith" by Eric Dinnocenzo:
http://www.newyorklawjournal.com/id=1202728820876/Keeping-the-Faith-in-Insurance-Bad-Faith?slreturn=20150515065251
The New York Law Journal recently published an article on this in "Keeping the Faith in Insurance Bad Faith" by Eric Dinnocenzo:
http://www.newyorklawjournal.com/id=1202728820876/Keeping-the-Faith-in-Insurance-Bad-Faith?slreturn=20150515065251