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Disclosure Requirements Insurance Industry New York

Lippes Mathias LLP

New York Poised to More Actively Regulate the Pet Insurance Market

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The New York State legislature recently passed a bill that will, if approved by Governor Hochul, create a regulatory framework for the issuance of pet insurance in New York, mirroring similar legislation enacted in states...more

McDermott Will & Emery

NAIC Continues to Refine Multiyear Work Plan to Expand Scrutiny of Holding Company Act Filings

In our report published on April 26, 2022, we discussed the New York Department of Financial Services’ (NYDFS) Circular Letter No. 5 in which it reminded the industry that acquiring less than 10% of an insurer’s voting...more

Pillsbury Winthrop Shaw Pittman LLP

New York Amends Recently Enacted Comprehensive Insurance Disclosure Act Requirements

Defendants in New York state court must now produce insurance information in newly filed lawsuits within 90 days of answering the complaint. While the extent of the insurance disclosure requirements has been narrowed, and...more

Rivkin Radler LLP

New York Insurance Coverage Law Update - February 28 2022

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New York’s Comprehensive Insurance Disclosure Act Amended- On February 24, 2022, New York’s Comprehensive Insurance Disclosure Act was amended to remove some of the more controversial requirements, including that...more

Rivkin Radler LLP

NY Loosens Some Insurance Disclosure Requirements under Recently Enacted Law

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On February 25, 2022, New York Gov. Kathy Hochul signed into law amendments that relieve some of the most stringent insurance disclosure obligations for defendants under the December 2021 Comprehensive Insurance Disclosure...more

Bradley Arant Boult Cummings LLP

Beware of New Insurance Disclosure Requirements for Defendants in New York Litigation

On December 31, 2021, New York imposed draconian new insurance disclosure requirements on defendants in New York state courts when Gov. Kathy Hochul signed the Comprehensive Insurance Disclosure Act (Senate Bill 7052) into...more

Pillsbury Winthrop Shaw Pittman LLP

New York Enacts Sweeping New Insurance Disclosure Requirements for State Court Litigants

Amendments to CPLR § 3101(f) now require the disclosure of voluminous information including insurance applications and information about other claims. Defendants in New York state court must produce extensive...more

Harris Beach PLLC

New York State Comprehensive Insurance Act and Amendments to CPLR 3101(f) Implicate Defendants’ Disclosure Obligations in Civil...

Harris Beach PLLC on

The New York State Comprehensive Insurance Disclosure Act is now in effect. The Act amends CPLR 3101(f), governing disclosure of insurance policy information by defendants and similarly situated parties such as third-party...more

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