In this video, “Maximizing Recovery in New York MVA Cases: The $50K Threshold and Intercompany Loss Transfer,” Christopher Major provides an overview of recover options for carriers in these types of cases. This video is from a live presentation on January 10, 2022.
Major discusses the following:
- What is New York’s “No-Fault Law”?
- Overlap with Workers’ Compensation Claims
- Exceptions to the $50K Carve-Out
- How to Recover the $50,000: Intercompany Loss Transfer
- What you need for Loss Transfer
- Maximizing your reimbursement