(DOWNLOAD) "Otto Kurcsics v. Merchants Mutual Insurance Company" by Court of Appeals of New York # Book PDF Kindle ePub Free
eBook details
- Title: Otto Kurcsics v. Merchants Mutual Insurance Company
- Author : Court of Appeals of New York
- Release Date : January 20, 1980
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
This appeal raises a question of first impression in this court concerning the construction of the phrase "first party benefits" as used in article 18 of the Insurance Law (§Â§ 670-678), New Yorks Comprehensive Automobile Insurance Reparations Act, which provides no-fault insurance protection to "covered persons". Specifically, we are asked to decide whether a covered person who has sustained lost earnings in excess of $1,000 per month is entitled to recover as first-party benefits 80% of actual lost earnings with a maximum limitation of $1,000 per month, or, whether, such persons recovery is limited to only $800 per month as first-party benefits, such figure representing 80% of actual earnings "up to one thousand dollars per month."
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