NY S03516 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 30 2021 - 25% progression, died in chamber
Action: 2021-05-18 - RECOMMIT, ENACTING CLAUSE STRICKEN
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 30 2021 - 25% progression, died in chamber
Action: 2021-05-18 - RECOMMIT, ENACTING CLAUSE STRICKEN
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to unfair claim settlement practices; provides that plaintiff may recover interest, costs and disbursements; compensatory damages, consequential damages and reasonable attorneys' fees in addition to amounts due under the policy when the insurer refused to pay or unreasonable delay of payment was not reasonably justified.
Title
Relates to unfair claim settlement practices; provides that plaintiff may recover interest, costs and disbursements; compensatory damages, consequential damages and reasonable attorneys' fees in addition to amounts due under the policy when the insurer refused to pay or unreasonable delay of payment was not reasonably justified.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-05-18 | Senate | RECOMMIT, ENACTING CLAUSE STRICKEN |
| 2021-01-30 | Senate | REFERRED TO INSURANCE |
