In the Matter of Motor Vehicle Accident Indemnification Corporation, Respondent v. Aetna Casualty & Surety Company…

Summary

The Court held that the three‑year limitations period of CPLR 214(2) governs MVAIC’s claim for reimbursement of no‑fault benefits and that the period began when MVAIC made its first payment to each claimant, rendering the claim time‑barred. It also affirmed that Aetna’s raising of the statute of limitations defense in compulsory arbitration does not justify vacating the award, because judicial review of the arbitrator’s decision is limited to an arbitrary‑and‑capricious standard. Accordingly, the Appellate Division order was affirmed.