W
windstar123
Guest
New York State
REGULATION NO. 68 (11 NYCRR 65) gives the right to the applicant for No-Fault benefits or his/her assignee to recover their attorney’s fee. My question is: can the applicant or assignee give a Power of Attorney to any person (who is able to secure payment of a valid claim or it’s portion that was denied or overdue) or the applicant or assignee should hire an attorney who is fully licensed by the state of New York to practice the Law?
(full text of Regulation 68 can be found at http://www.ins.state.ny.us/acrobat/r68ftext.pdf)
REGULATION NO. 68 (11 NYCRR 65) 65-3.10 Attorneys. (a) An applicant or an assignee shall be entitled to recover their attorney’s fees, for services necessarily performed in connection with securing payment, if a valid claim or portion thereof was denied or overdue. If such a claim was initially denied and subsequently paid by the insurer, the attorney’s fee shall be $80. If such a claim was overdue but not denied, the attorney’s fee shall be equal to 20 percent of the amount of the first-party benefits and any additional first-party benefits plus interest payable pursuant to section 65-3.10 of this subpart, subject to a maximum fee of $60.
REGULATION NO. 68 (11 NYCRR 65) gives the right to the applicant for No-Fault benefits or his/her assignee to recover their attorney’s fee. My question is: can the applicant or assignee give a Power of Attorney to any person (who is able to secure payment of a valid claim or it’s portion that was denied or overdue) or the applicant or assignee should hire an attorney who is fully licensed by the state of New York to practice the Law?
(full text of Regulation 68 can be found at http://www.ins.state.ny.us/acrobat/r68ftext.pdf)
REGULATION NO. 68 (11 NYCRR 65) 65-3.10 Attorneys. (a) An applicant or an assignee shall be entitled to recover their attorney’s fees, for services necessarily performed in connection with securing payment, if a valid claim or portion thereof was denied or overdue. If such a claim was initially denied and subsequently paid by the insurer, the attorney’s fee shall be $80. If such a claim was overdue but not denied, the attorney’s fee shall be equal to 20 percent of the amount of the first-party benefits and any additional first-party benefits plus interest payable pursuant to section 65-3.10 of this subpart, subject to a maximum fee of $60.