Assembly Bill A1813

2021-2022 Legislative Session

Relates to coverage for punitive damages and civil penalties

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2021-A1813 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3421, Ins L
Versions Introduced in Other Legislative Sessions:
2015-2016: A10002
2017-2018: A4734
2019-2020: A6251
2023-2024: A654

2021-A1813 (ACTIVE) - Summary

Permits a liability policy to provide coverage for punitive damages, civil penalties and other non-compensatory damages.

2021-A1813 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1813
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2021
                                ___________
 
 Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
   tee on Insurance
 
 AN  ACT  to  amend  the insurance law, in relation to permitting certain
   liability policies to provide coverage for punitive damages and  civil
   penalties
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3421
 to read as follows:
   §  3421.  PUNITIVE DAMAGES AND CIVIL PENALTIES COVERAGE. 1. AN INSURER
 MAY PROVIDE AND AN INSURED MAY PURCHASE INSURANCE AGAINST  AN  AWARD  OF
 PUNITIVE  DAMAGES, OR CIVIL PENALTIES, OR OTHER NON-COMPENSATORY DAMAGES
 IN ANY LIABILITY INSURANCE POLICY EXCEPT IN A POLICY OF  PERSONAL  LINES
 INSURANCE  ISSUED  TO  A  NATURAL PERSON FOR NON-BUSINESS PURPOSES, OR A
 COMMERCIAL AUTOMOBILE LIABILITY INSURANCE POLICY.
   2. COVERAGE MAY PROVIDE PROTECTION FOR VICARIOUS  LIABILITY  RESULTING
 FROM  THE  CONDUCT OF ANOTHER, OR WHEN ASSESSED AGAINST A PARTY DIRECTLY
 FOR GROSS NEGLIGENCE OR RECKLESS CONDUCT. COVERAGE SHALL NOT APPLY WHERE
 LIABILITY RESULTS FROM ACTION THAT WAS INTENDED TO CAUSE  THE  RESULTING
 HARM,  DAMAGE  OR  INJURY.  COVERAGE  SHALL  APPLY  ONLY  WHEN EXPRESSLY
 PROVIDED FOR BY THE INSURANCE POLICY.
   3. THIS SECTION SHALL APPLY PROSPECTIVELY TO INSURANCE  POLICIES  WITH
 EFFECTIVE DATES ON OR AFTER THE EFFECTIVE DATE OF THIS SECTION.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03758-01-1



              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.