New for 2022, Chris Major has written the “New York Risk Transfer Handbook” which he describes as “an effort to present to you, the curious claims professional, supervisor, manager, risk transfer or recovery specialist, or even fellow lawyer, just how subrogation makes sense in the context of your claims. We are going to try to distill from the verbose and ponderous words of the New York State Legislature one single, simple thing: strategy.”
This book covers the following:
- Basics of Section 29
- Time Limitations & Notice Requirements
- The Right to a Lien
- Lien Reimbursement & the Kelly Calculation
- Future Credit/Offset Rights (Reconciling Kelly & Burns)
- Interplay with New York’s No Fault Law
- Third Party Consent, Cramdown, and Global Settlements
- Subrogation Under Section 19(2)
- Multijurisdictional issues and Choice of Law
- Health Insurance Matching Program Claims
