ALBANY (NY)
Times Union
September 12, 2019
By Cayla Harris
Institutions seek help from insurers after Child Victims Act went into effect Aug. 14
The Department of Financial Services on Thursday pushed insurers across the state to quickly resolve claims stemming from cases filed under the Child Victims Act.
The guidance, issued at the direction of Gov. Andrew M. Cuomo, notes that insurance companies may be liable for some damages awarded to survivors who pursue legal action under the CVA’s recently enacted one-year look-back period. The window temporarily eliminates the state’s statute of limitations, allowing survivors of all ages to pursue civil claims against their alleged offenders, reviving cases that are sometimes decades old.
More than 95 percent of the more than 600 cases filed in the state since the statute went into effect last month target institutions, primarily the Catholic Church and the Boy Scouts of America, who have invoked insurance policies to help cover settlements, according to attorneys familiar with the matter.
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