New York A03802 amends the insurance law to establish requirements for certificates of insurance and their forms.
New York A03802, known as the "certificate of insurance reliability act (CIRA)," amends the insurance law by adding a new section 501-a. This section mandates that every certificate of insurance providing information about coverage for activities within New York must be issued by insurers. The certificate must be either a form promulgated by the insurer or a standard form issued by an industry standard-setting organization and approved by the superintendent.
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