NY S04235

Creates an 18-member task force to examine how insurers respond to disasters in New York State and whether policyholders and communities have adequate insurance coverage

Task force membership includes the Superintendent of Financial Services and Commissioner of Homeland Security and Emergency Services as co-chairs, plus appointed representatives from insurers, local emergency officials, independent and public adjusters, disaster relief non-profits, and consumer advocacy groups

Task force must report findings to the Governor, legislative leaders, and insurance committee chairs within one year of the bill's effective date, including recommendations on insurer-community coordination, claims processing, and suggested legislation

Report shall address insurer challenges during disasters, damage assessment procedures, policyholder outreach, flood insurance uptake, dispute prevention, and barriers to adequate insurance coverage

Task force members receive no compensation but are reimbursed for reasonable travel expenses