Bill > S06205

This bill amends the New York insurance law to address anti-concurrent causation clauses, which are provisions in insurance policies that can limit coverage when multiple events contribute to a loss. Specifically, the bill requires insurers to provide coverage for a covered event or peril even if a flood event that is not covered by the policy or is specifically excluded is a contributing factor or occurs simultaneously. For example, if a hurricane (a covered event) damages a home and flooding (an often excluded event) also occurs at the same time, the insurer cannot deny coverage for the hurricane-related damage. However, the insurer is not obligated to pay for damages caused solely by the flood. Additionally, the bill mandates that if an insurance policy includes provisions allowing the insurer to limit coverage based on the proximate or remote cause of a loss, the policy must clearly specify which excluded or uncovered perils could trigger such limitations, and the insurer must disclose these details to the policyholder before selling the policy. The bill will take effect immediately and apply to all policies issued or renewed after its effective date.

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https://www.nysenate.gov/legislation/bills/2025/S6205