Justice Stays Hurricane Coverage Suit Pending Insurer’s Rehabilitation

Mealey's (May 25, 2017, 8:26 AM EDT) -- NEW YORK — A New York trial justice on May 17 stayed an insured’s coverage action against its insurer over damages from Hurricane Irene pursuant to a rehabilitation order against the insurer (25 Bay Terrace Associates, L.P., v.  Public Service Mutual Insurance Co., No. 150345/2013, N.Y. Sup., Richmond Co., 2017 N.Y. Misc. LEXIS 1822)....