Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 23, 2020 |
referred to rules delivered to senate passed assembly |
Jul 22, 2020 |
ordered to third reading rules cal.299 rules report cal.299 reported |
Jul 14, 2020 |
reported referred to rules |
Jan 08, 2020 |
referred to insurance |
Feb 07, 2019 |
referred to insurance |
Assembly Bill A5070
2019-2020 Legislative Session
Sponsored By
BARCLAY
Archive: Last Bill Status - In Senate Committee Rules Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Michael J. Norris
Angelo J. Morinello
Stephen Hawley
multi-Sponsors
Brian Manktelow
2019-A5070 (ACTIVE) - Details
2019-A5070 (ACTIVE) - Summary
Relates to flood insurance notice in communities bordering Lake Ontario; requires the department of financial services to publish an annual notice with the department's contact information and a statement about flood insurance and how it relates to standard homeowners insurance policies in local newspapers that serve the communities bordering Lake Ontario.
2019-A5070 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5070 2019-2020 Regular Sessions I N A S S E M B L Y February 7, 2019 ___________ Introduced by M. of A. BARCLAY, NORRIS, MORINELLO, HAWLEY -- Multi-Spon- sored by -- M. of A. MANKTELOW -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to flood insurance notice in communities bordering Lake Ontario THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3444 of the insurance law is amended by adding a new subdivision 3 to read as follows: 3. THE DEPARTMENT OF FINANCIAL SERVICES SHALL PUBLISH AN ANNUAL NOTICE THAT CONTAINS THE DEPARTMENT'S CONTACT INFORMATION AND A STATEMENT ABOUT FLOOD INSURANCE AND HOW IT RELATES TO STANDARD HOMEOWNERS INSURANCE POLICIES IN NEW YORK STATE IN LOCAL NEWSPAPERS THAT SERVE THE COMMUNI- TIES BORDERING LAKE ONTARIO. SUCH NOTICE MAY INCLUDE: (A) THE DEPART- MENT'S DISASTER HOTLINE AND OTHER RELEVANT CONTACT INFORMATION; (B) A WEB LINK TO THE DEPARTMENT'S DISASTER AND FLOOD RESOURCE CENTER ON THEIR WEBSITE; AND (C) THE FOLLOWING STATEMENT OR A SUBSTANTIALLY SIMILAR STATEMENT: "WHILE FLOODS ARE THE MOST COMMON NATURAL DISASTER IN THE UNITED STATES, INSURANCE COVERAGE FOR LOSSES FROM FLOODS IS NOT PROVIDED IN STANDARD HOMEOWNERS OR TENANTS POLICIES. INSURANCE FOR FLOOD DAMAGES IS GENERALLY AVAILABLE UNDER A SEPARATE POLICY ISSUED THROUGH THE NATIONAL FLOOD INSURANCE PROGRAM (NFIP) AND AVAILABLE TO HOMEOWNERS, RENTERS AND BUSINESSES. DFS CAN ANSWER QUESTIONS ABOUT AGENTS, BROKERS AND ADJUSTORS, THE CLAIMS PROCESS (INCLUDING HURRICANE AND WIND DEDUCT- IBLES), POLICY CANCELLATION, AND NON-RENEWAL, AND COVERAGE FOR ADDI- TIONAL LIVING EXPENSES (WHICH YOU MAY BE ENTITLED TO IF YOU ARE DISPLACED AFTER A DISASTER). IF YOUR BUSINESS HAS BEEN AFFECTED BY A DISASTER, WE CAN ALSO ANSWER QUESTIONS ABOUT COVERAGE, BUSINESS INTER- RUPTION INSURANCE AND OFF-PREMISES SERVICE INTERRUPTION COVERAGE." § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02525-01-9
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