Legal Opinion
563 Grand Medical P.C. v. New York State Insurance Department
New York Supreme Court
Decided July 30, 2004Published
1Opinion of the Court
*953OPINION OF THE COURT
Gloria Cohen Aronin, J.
In 1973, the New York State Legislature enacted the Comprehensive Motor Vehicle Insurance Reparations Act, the No-Fault Law, which is now codified as article 51 of the Insurance Law. The No-Fault Law provides a plan for compensating victims of automobile accidents for their economic losses without regard to fault or negligence. One of the purposes in enacting the No-Fault Law was to provide rapid payment for economic injury (see, Oberly v Bangs Ambulance, 96 NY2d 295, 296 [2001]).
Section 5106 (b) of the Insurance Law states that claimants injured in…
2Cases cited18 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- United States v. SalernoSupreme Court of the United States · 1987
- Hoffman Estates v. Flipside, Hoffman Estates, Inc.Supreme Court of the United States · 1982
- Goss v. LopezSupreme Court of the United States · 1975
- Scherbyn v. Wayne-Finger Lakes Board of Cooperative Educational ServicesNew York Court of Appeals · 1991
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