Out-of-State Insurers Need Bonds to File in New York

Out-of-State Insurers Need Bonds to File in New York

Insurance Law ISC 1213 provides that, when a non-admitted insurer is involved with a court proceeding involving one of their insurance contracts, they can be required to post a surety bond or an undertaking to proceed with their filing.  The insured is the party...
What You Need to Know to Obtain a Seizure Bond

What You Need to Know to Obtain a Seizure Bond

When a plaintiff motions a court in New York State for an order directing the sheriff to seize real property that is rightfully theirs — but is being held by the defendant for a variety of reasons — the court sets what is called an undertaking in an action for...

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