N.Y. Insurance Law § 7114: Pending actions

§ 7114. Pending actions. No action or proceeding, pending at the time

of the merger or consolidation to which either of the constituent

companies may be a party, shall be abated or discontinued by reason of

such merger or consolidation, but the same may be prosecuted to final

judgment in the same manner as if the merger or consolidation had not

taken place; or the continuing or consolidated company, may be

substituted in the place of such constituent company by order of the

court in which the action or proceeding may be pending.