Bill Sponsors: NY A01119 | 2023-2024 | General Assembly

Bill Title: Provides that an insurer doing business in this state shall be liable to a policy holder for such insurer's refusal to pay or unreasonable delay of payment to the policy holder if such refusal or delay was not substantially justified; enumerates instances whereby an insurer's refusal or delay of payment is not substantially justified including intentional negligence, failure to act in good faith, failure to provide written denial of claim, failure to make final determination of claim within six months, and failure to promptly proceed with the appraisal process.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced) 2024-01-03 - referred to insurance [A01119 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Assemblymember Rodneyse Bichotte Hermelyn [D]PrimarySponsored BillsHD-042FollowTheMoneyBallotpediaVoteSmart
Assemblymember Vivian Cook [D]CosponsorSponsored BillsHD-032FollowTheMoneyBallotpediaVoteSmart
Assemblymember William Colton [D]CosponsorSponsored BillsHD-047FollowTheMoneyBallotpediaVoteSmart
Assemblymember Aileen Gunther [D]CosponsorSponsored BillsHD-100FollowTheMoneyBallotpediaVoteSmart
Assemblymember Rebecca Seawright [D]CosponsorSponsored BillsHD-076FollowTheMoneyBallotpediaVoteSmart
Assemblymember Linda Rosenthal [D]CosponsorSponsored BillsHD-067FollowTheMoneyBallotpediaVoteSmart
Assemblymember Kenneth Zebrowski [D]CosponsorSponsored BillsHD-096FollowTheMoneyBallotpediaVoteSmart
Assemblymember Philip Ramos [D]CosponsorSponsored BillsHD-006FollowTheMoneyBallotpediaVoteSmart

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