New York S10226 amends the insurance law to allow coverage for business income losses from acts or threats of violence, including off-premises, and.

New York S10226 amends the insurance law to provide coverage for business income losses from acts or threats of violence, including incidents occurring off the insured's premises. It also adds representations and warranties insurance, which covers legal liability and property damage due to breaches in corporate mergers or acquisitions. Additionally, the bill introduces tax interpretation insurance, which covers expenses related to invalid tax treatments determined by governmental authorities.

New York S10226 amends the insurance law to allow coverage for business income losses from acts or threats of violence, including off-premises, and.

New York S10226 amends the insurance law to provide coverage for business income losses from acts or threats of violence, including incidents occurring off the insured's premises. It also adds representations and warranties insurance, which covers legal liability and property damage due to breaches in corporate mergers or acquisitions. Additionally, the bill introduces tax interpretation insurance, which covers expenses related to invalid tax treatments determined by governmental authorities.