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NY S05591
Bill
Status
12/22/2023
Primary Sponsor
Leroy Comrie
Click for details
AI Summary
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Enacts the "Fairness for Accident Victims Act" (FAVA) amending New York Insurance Law Section 5106
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Prohibits arbitrator or master arbitrator awards in no-fault reimbursement cases 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 admissible as evidence of facts in actions seeking damages for bodily injuries, pain and suffering, medical care, and loss of 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
SIGNED CHAP.766
12/22/2023