Enacts the "construction insurance transparency act" to require insurers providing coverage for liability under the scaffold law to report, on an.

The "construction insurance transparency act" requires insurers providing coverage for liability under the scaffold law to report, on an annual basis, to the superintendent of financial services relating to its finances and claims paid thereunder. The act mandates that insurers submit detailed financial statements and claim data, including premiums, judgments, settlements, case reserves, incurred but not reported estimates, and other relevant financial information.

Enacts the "construction insurance transparency act" to require insurers providing coverage for liability under the scaffold law to report, on an.

The "construction insurance transparency act" requires insurers providing coverage for liability under the scaffold law to report, on an annual basis, to the superintendent of financial services relating to its finances and claims paid thereunder. The act mandates that insurers submit detailed financial statements and claim data, including premiums, judgments, settlements, case reserves, incurred but not reported estimates, and other relevant financial information.