Bill > A07418

This bill amends the New York Insurance Law to modify the requirements for insurers when disclaiming liability or denying coverage for certain revived legal claims. Specifically, the bill requires insurers to provide written notice of a liability disclaimer or coverage denial within 120 days after receiving actual notice of a revived civil claim. This provision applies to claims that have been revived under section 214-g of the Civil Practice Law and Rules, which likely refers to a specific legal mechanism for bringing back previously time-barred legal actions. The bill ensures that insurers promptly notify both the insured party and the claimant about their decision to deny coverage for a revived claim, providing clarity and transparency in the insurance claims process. The amendment will take effect immediately and apply to all insurance policies in effect at the time of enactment, offering a clear timeline for insurers to communicate their liability decisions in these specific circumstances.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A7418