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.
April 2, 2026
Summary
If enacted, this bill would allow New York residents and policyholders, contract holders, certificate holders, or beneficiaries to sue insurers for violations related to misrepresentations, misleading statements, and incomplete comparisons in life, accident, and health insurance. This expands private rights of action and targets insurance sales practices.
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/S9746
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 and policyholders, contract holders, certificate holders, or beneficiaries to sue insurers for…
- When was it published?
- It was published on April 2, 2026.
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