New York A10443 clarifies that residents and policyholders can sue insurers for misrepresentations and misleading statements.
New York A10443 amends the insurance law to clarify that residents of the state and any policyholder, contract holder, certificate holder, or beneficiary of a life, accident, and health insurance policy can sue an insurer for violations related to misrepresentations, misleading statements, and incomplete comparisons. This change ensures that those affected can seek legal recourse for such violations.
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