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NY A07418
Bill
Status
3/25/2025
Primary Sponsor
Gary Pretlow
Click for details
AI Summary
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Requires insurers to provide written notice of disclaimer of liability or denial of coverage within 120 days after receiving actual notice of a revived civil claim or cause of action under CPLR section 214-g
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Amends section 3420 of the insurance law to create a specific timeline for disclaimer notices related to revived claims, which differ from the standard "as soon as reasonably possible" requirement for other accident claims
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Applies to claims revived under the Child Victims Act or similar revival statutes that allow previously time-barred causes of action to be brought
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Takes effect immediately and applies retroactively to all insurance policies entered into on or before the effective date
Legislative Description
Relates to notice of disclaimer of liability for certain revived causes of action; such notice shall occur within 120 days after the insurer has received actual notice of such revived claim or cause of action.
Last Action
referred to insurance
1/7/2026