NY S 5343
in committeeProvides that payment of interest payment and attorney fees to claimant when payment of a claim is overdue shall be exclusive remedy
New York · 2025-2026 Regular Session · upper
Description
Provides that payment of interest penalty and attorney fees to claimant when payment of a claim is overdue shall be exclusive remedy when insurer fails to make timely payment; provides such failure of insurer to make timely payment or issue denial within 30 days after proof of claim has been submitted to insurer shall not preclude such insurer from issuing a denial or asserting a defense after the 30 day period has elapsed.
- Introduced
- —
- Status date
- —
- Latest action
- 2026-01-07 — REFERRED TO INSURANCE
- Bill type
- bill
- Last updated
- —
Sponsors
- Leroy Comrieprimary
Committees
Not provided by source.
Action timeline
2025-02-20
REFERRED TO INSURANCE
referral-committee
2026-01-07
REFERRED TO INSURANCE
referral-committee
Versions
- S5343Compare
Documents
- application/pdf(no extracted text yet)
- text/html(no extracted text yet)
Votes
Not provided by source.
Related bills
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
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