NY A06709 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 29-0)
Status: Introduced on March 11 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 11 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
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 and failure to make final determination of claim within six months.
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 and failure to make final determination of claim within six months.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-01-06 | referred to insurance | |
2009-03-11 | referred to insurance |