state_legiscan_drain · NY
Clarifies that residents of the state and any policyholder, contract holder, certificate holder, or beneficiary of a policy, contract, or certificate of life, accident and health insurance may sue an insurer for violations related to misrepresentations, misleading statements and incomplete comparisons.
March 6, 2026
Summary
If enacted, this bill would allow New York residents, policyholders, contract holders, certificate holders, and beneficiaries of life, accident, and health insurance policies to sue insurers for violations related to misrepresentations, misleading statements, and incomplete comparisons. This expands the private right of action under existing law.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://www.nysenate.gov/legislation/bills/2025/A10443
Common questions
- What does "Clarifies that residents of the state and any policyholder, contract holder, certificate holder, or beneficiary of a policy, contract, or certificate of life, accident and health insurance may sue an insurer for violations related to misrepresentations, misleading statements and incomplete comparisons." cover?
- If enacted, this bill would allow New York residents, policyholders, contract holders, certificate holders, and beneficiaries of life, accident, and…
- When was it published?
- It was published on March 6, 2026.
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