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Assembly Bill A8688

2019-2020 Legislative Session

Relates to providing proof of general commercial liability insurance

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Archive: Last Bill Status - In Assembly Committee

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2019-A8688 (ACTIVE) - Details

Current Committee:
Assembly Cities
Law Section:
New York City Administrative Code
Laws Affected:
Amd §28-401.9, NYC Ad Cd

2019-A8688 (ACTIVE) - Summary

Requires an applicant to provide the full general commercial liability insurance policy and calls for the department to review such policy and ensure it does not include any prohibited exclusions and complies with applicable law.

2019-A8688 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8688
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             October 23, 2019
                                ___________
 
 Introduced by M. of A. LENTOL -- read once and referred to the Committee
   on Cities
 
 AN  ACT  to  amend  the  administrative code of the city of New York, in
   relation to providing proof of general commercial liability insurance
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1. Section 28-401.9 of the administrative code of the city of
 New York, as amended by section 64 of part A of local law number 141  of
 the city of New York for the year 2013, is amended to read as follows:
   §  28-401.9  Insurance.  1. Except as noted otherwise for a particular
 license, or exempted by the commissioner pursuant to rule, prior to  the
 issuance  of  a  license,  or  during the renewal thereof, the applicant
 shall file with the department satisfactory  evidence  of  a  commercial
 general  liability insurance policy in the amount of one million dollars
 or such other amount as  the  commissioner  may  require  together  with
 satisfactory  evidence  of compliance with the workers' compensation law
 and the disability benefits law. Required insurance shall be  maintained
 for  the  duration of the license and any changes in coverage, insurance
 renewals, or policy status  shall  be  provided  to  the  department  in
 accordance with department rules.
   2. AN INSURANCE POLICY REQUIRED TO BE PROVIDED PURSUANT TO SUBDIVISION
 ONE  OF  THIS  SECTION  SHALL  BE PROVIDED IN FULL TO THE DEPARTMENT AND
 SHALL BE ACCOMPANIED BY A SWORN  STATEMENT  FROM  A  LICENSED  INSURANCE
 BROKER, IN A FORM PRESCRIBED BY THE DEPARTMENT ATTESTING THAT SUCH POLI-
 CY  PROVIDED IS THE FULL INSURANCE POLICY.  WITHIN FIVE BUSINESS DAYS OF
 THE RECEIPT OF SUCH POLICY, THE DEPARTMENT SHALL REVIEW TO  VERIFY  SUCH
 POLICY DOES NOT INCLUDE ANY PROHIBITED EXCLUSIONS.
   3. NO LICENSE OR PERMIT SHALL BE ISSUED OR RENEWED UNTIL:
   (A)  THE  APPLICANT HAS PROVIDED PROOF OF INSURANCE IN ACCORDANCE WITH
 THIS SECTION; AND

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13956-01-9

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