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A 7102

New York - Session 2025-2026

Assembly in_committee 2026-01-07
Bill Details

Title: Relates to unfair claim settlement practices

Summary

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.

Sponsor
Rodneyse Bichotte Hermelyn
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-03-20 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Assembly Committee
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