New York A10529 requires property/casualty insurance companies to report multifamily housing premiums and claims to the Department of Financial.

New York A10529 amends the insurance law to mandate that property/casualty insurance companies submit annual reports to the Department of Financial Services. These reports must include details on premiums collected and claims paid for multifamily residential buildings, which are defined as properties with two or more dwelling units. The reports are intended to provide transparency and data for regulatory purposes, while ensuring that sensitive commercial information remains confidential and is not disclosed publicly.

New York A10529 requires property/casualty insurance companies to report multifamily housing premiums and claims to the Department of Financial.

New York A10529 amends the insurance law to mandate that property/casualty insurance companies submit annual reports to the Department of Financial Services. These reports must include details on premiums collected and claims paid for multifamily residential buildings, which are defined as properties with two or more dwelling units. The reports are intended to provide transparency and data for regulatory purposes, while ensuring that sensitive commercial information remains confidential and is not disclosed publicly.