New York S09561 requires property/casualty insurance companies to report multifamily housing premiums and claims to the Department of Financial.

New York S09561 mandates that property/casualty insurance companies operating in the state submit annual reports to the Department of Financial Services. These reports must include information on collected premiums, claims paid, and any additional data required by the department in consultation with the Division of Housing and Community Renewal. The reports are to be aggregated and de-identified before being published on a public-facing database. However, any portion of the report that constitutes trade secrets or sensitive commercial information will not be published.

New York S09561 requires property/casualty insurance companies to report multifamily housing premiums and claims to the Department of Financial.

New York S09561 mandates that property/casualty insurance companies operating in the state submit annual reports to the Department of Financial Services. These reports must include information on collected premiums, claims paid, and any additional data required by the department in consultation with the Division of Housing and Community Renewal. The reports are to be aggregated and de-identified before being published on a public-facing database. However, any portion of the report that constitutes trade secrets or sensitive commercial information will not be published.