Bill Sponsors: NY S03516 | 2021-2022 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2021-05-18 - RECOMMIT, ENACTING CLAUSE STRICKEN [S03516 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Jamaal Bailey [D]PrimarySponsored BillsSD-036FollowTheMoneyBallotpediaVoteSmart
Senator James Skoufis [D]CosponsorSponsored BillsSD-042FollowTheMoneyBallotpediaVoteSmart

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