What is the difference between first-party and third-party insurance litigation cases?

Insurance Litigation Law in New York involves cases involving disputes between parties over insurance policies. Insurance policies are generally written contracts between an insurance company and an individual or business, providing protection against certain losses that might occur. In New York, there are two types of insurance litigation cases: first-party and third-party. First-party insurance litigation cases involve a dispute between the insured and the insurer, and usually involve the insured making a claim for benefits or compensation under the policy. In these cases, the insured is the first party, while the insurer is the second party. Third-party cases involve disputes between the insured and someone else, such as another party, a property owner, or a business. In these cases, the party making the claim is the third party, while the insurance company is the first party. The dispute usually involves a dispute over liability or damages that the third-party has suffered due to the insured’s negligence or failure to perform under the policy. Essentially, the primary difference between first-party and third-party insurance litigation cases is the party making the claim. In first-party cases, the insured is the party making the claim, while in third-party cases, the third-party is the party making the claim.

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What is the difference between first-party and third-party insurance litigation cases?

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