Purpose of a declaratory judgment action is to give parties guidance concerning their rights and obligations with respect to coverage. Federal courts are reluctant to consider novel insurance coverage issues.A declaratory judgment action is a type of lawsuit that allows businesses and individuals to seek a court's conclusive ruling on an uncertain legal issue. On December 31, 2021, New York Gov. Kathy Hochul signed the Comprehensive Insurance Disclosure Act (the "Act") into law. 1973)(court had no authority to order declaration against insurer in response to insured's motion for summary judgment on insurer's claims. This is an action for declaratory judgment pursuant to CPLR 3001. 2. Be careful what you ask for in your declaratory judgment action" could have been an appropriate subtitle. A declaratory judgment does not determine whether you are entitled to damagesit simply assesses your right to insurance coverage. This motion is brought in the context of an insurance declaratoryjudgment action.
