United States:
UPDATE: New York Governor Signs Into Law Chapter Amendment & Revision To Comprehensive Insurance Disclosure Act
02 March 2022
Lewis Brisbois Bisgaard & Smith LLP
To print this article, all you need is to be registered or login on Mondaq.com.
New York, N.Y. (February 28, 2022) - New
York Governor Kathy Hochul has now signed into law Senate Bill 7882A, which encompasses the
revision and the chapter amendment to the Comprehensive Insurance
Disclosure Act (CIDA). You can read more about these updates to
CIDA in our legal alert from February 25.
We will be hosting a webinar on Tuesday, March 1 at 3:00 p.m.
ET to review these changes. Lewis Brisbois' New
York attorneys are also available to provide copies of the
certifications, protocols, and bespoke training seminars for your
claims department.
Click here to register for our March 1
webinar or reach out to your usual Lewis Brisbois
contact to schedule a training session on this new
legislation.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Insurance from United States
D&O Insurance Myths (Part 2) (Video)
Lowenstein Sandler
Last month we discussed the importance of Directors and Officers (D&O) insurance and set the record straight on some common misconceptions about it.
Faulty Workmanship Coverage Update
Plunkett & Cooney
The Washington Supreme Court affirmed the Washington Court of Appeals ruling that coverage for repairs to the Gardens Condominium's roof components was available under the resulting loss exception to the insurance policy's faulty workmanship exclusion.
Priority Of Coverage: Debunking "Other Insurance" Myths
Lowenstein Sandler
Today on "Don't Take No For An Answer," host Lynda A. Bennett is joined by Alexander B. Corson for a discussion about priority of coverage, or who pays what when there are numerous claims, parties, and policies at play.
