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NY A07559
Bill
Status
5/13/2021
Primary Sponsor
Demond Meeks
Click for details
AI Summary
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Grants claimants the right to be represented by counsel during examinations under oath for first party motor vehicle insurance benefits claims.
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Requires examinations under oath to be transcribed before a notary public and furnish transcripts to the claimant or their representative within sixty days of the examination.
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Prohibits insurers from denying first party benefits based solely on an examination under oath.
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Requires insurers alleging fraud to submit the allegation to arbitration and obtain permission from an arbitrator before denying first party benefits.
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Directs the superintendent of insurance to promulgate simplified procedures for arbitration of fraud allegations by insurers; effective sixty days after enactment.
Legislative Description
Relates to examinations under oath under the comprehensive motor vehicle insurance reparations act; grants claimants the right to counsel in an examination under oath; requires such examination to be transcribed; gives claimants the right to receive the transcript of such examination; prohibits insurance companies from denying first party benefits pursuant to an examination under oath until it is awarded permission to do so in arbitration.
Last Action
referred to insurance
1/5/2022