New York S05359 mandates insurers to notify insured parties within 120 days of revived claims or causes of action.

New York S05359 amends the insurance law to require insurers to provide written notice of disclaimer of liability or denial of coverage within 120 days after receiving actual notice of a revived civil claim or cause of action. This applies to all policies entered into on or before the effective date of the act.

New York S05359 mandates insurers to notify insured parties within 120 days of revived claims or causes of action.

New York S05359 amends the insurance law to require insurers to provide written notice of disclaimer of liability or denial of coverage within 120 days after receiving actual notice of a revived civil claim or cause of action. This applies to all policies entered into on or before the effective date of the act.