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NY A05646
Bill
Status
3/20/2023
Primary Sponsor
Vivian Cook
Click for details
AI Summary
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Establishes the "Fairness for Accident Victims Act (FAVA)" to amend New York insurance law regarding arbitration decisions in no-fault insurance cases.
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Prohibits arbitrator or master arbitrator awards and decisions in no-fault reimbursement disputes from being given collateral estoppel effect in subsequent actions arising from the same occurrence.
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Prevents no-fault arbitration awards from being admitted as evidence in actions seeking damages for bodily injuries, pain and suffering, medical care, and lost wages.
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Takes effect immediately and applies to all pending civil actions and arbitrations.
Legislative Description
Enacts the "fairness for accident victims act"; provides that with respect to a serious personal injury action still permissible under the no-fault insurance system, the award or decision of an arbitrator or master arbitrator rendered in a no-fault arbitration will not constitute a collateral estoppel of the issues arbitrated.
Last Action
substituted by s5591a
6/9/2023