On Friday, December 31st, Governor Kathy Hochul signed the Comprehensive Insurance Disclosure Act into law. This law aims to ensure complete, timely, and accurate disclosures of all insurance information during litigation. Our firm has supported this litigation as needed to protect injured victims in auto accidents, premises liability and other negligence cases.
Insurers often use delay tactics in order to withhold insurance information. This potentially jeopardizes justice for injured New Yorkers in addition to harming their own policyholders.
The Comprehensive Insurance Disclosure Act will explicitly compel disclosures of all primary, excess, and umbrella policies implicated by a lawsuit, as well as direct disclosures of other claims, contracts, and agreements that may exhaust all available coverages.
This information is mandated to be provided within ninety days after a defendant files their answer.
The Comprehensive Insurance Disclosure Act has faced major backlash from both the insurance industry and toxic tortfeasors. In order to defeat this opposition, the New York State Trial Lawyers Association (NYSTLA) has paved the way in forming a coalition of progressive, labor, and consumer advocates, aiming to inform Governor Kathy Hochul on the importance of this legislation.
Achieving the victory of the enactment of the Comprehensive Insurance Disclosure Act highlights the mission of the NYSLA: ensuring that New Yorkers who are victimized by wrongdoings are able to achieve civil justice and restitution within New York courts.
If you or a loved one has been injured due to someone else’s negligence, seek justice and financial compensation with our New York personal injury attorneys. Call (212) 684-1880 or contact us online for a free consultation.