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NY A06648

Bill

Official Source

Status

Introduced

4/25/2023

Primary Sponsor

Monique Chandler-Waterman

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Insurance Law Section 3425 to add new subsection (t) prohibiting insurers from cancelling or refusing to renew private passenger automobile insurance policies based solely on disputed claims or pending complaints
  • Prevents insurers from conditioning renewal on changes to coverage limits or elimination of coverages when a claim is in dispute or a complaint against the insurer is pending with the Department of Financial Services
  • Takes effect immediately upon enactment
  • Introduced by M. of A. Chandler-Waterman on April 25, 2023 and referred to the Committee on Insurance

Legislative Description

Prohibits cancellation, non-renewal or conditioning renewal of automobile insurance of a policyholder solely as a result of a dispute or a complaint pending against the insurer.

Last Action

referred to insurance

1/3/2024

Committee Referrals

Insurance4/25/2023

Full Bill Text

No bill text available