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NY S04399

Bill

Official Source

Status

Introduced

3/18/2015

Primary Sponsor

Joseph Robach

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends the workers' compensation law to modify insurance contract cancellation and renewal notice requirements for policyholders
  • Requires insurers to provide at least 30 days' notice prior to policy expiration before refusing to renew any workers' compensation insurance policy
  • Maintains existing 10-day cancellation notice requirement for non-payment of premiums and assessments
  • Maintains existing 30-day cancellation notice requirement for cancellations due to reasons other than non-payment
  • Allows cancellation to become effective earlier if employer secures coverage with another insurer before the notice period expires

Legislative Description

Relates to providing conditional renewal notices to policyholders; at least thirty days notice.

Last Action

COMMITTED TO RULES

6/17/2016

Committee Referrals

Rules6/17/2016
Labor3/18/2015

Full Bill Text

No bill text available