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NY A04665
Bill
Status
2/21/2023
Primary Sponsor
John McGowan
Click for details
AI Summary
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Requires insurers to provide written notice of renewal or extension to insureds no later than 30 days before policy expiration for insurance policies issued on or after the effective date.
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Applies to insurance policies under Article 49 of the Insurance Law, motor vehicle insurance certificates, and workers' compensation insurance policies.
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Specifies that motor vehicle insurance notices must be sent by regular mail with certificate of mailing in a form prescribed by the commissioner.
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Authorizes the superintendent to prescribe the form and manner of delivery for renewal notices under the Insurance Law.
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Takes effect 90 days after becoming law, with regulations authorized to be adopted immediately for implementation.
Legislative Description
Requires insurers to send a notice of renewal or extension of certain policies to the insured no later than thirty days prior to the expiration of the policy.
Last Action
referred to insurance
1/3/2024