Relates to claims against insurers for petroleum spills, providing that all direct and indirect damages relating to a discharge of petroleum shall be considered insurable property damage, creating an affirmative defense for insurers that the insured failed to take reasonable steps to prevent such discharge and requiring insurers provide a notice in every homeowner's policy that the insured is responsible to take reasonable steps to prevent petroleum discharges.

AB 7943 Relates to claims against insurers for petroleum spills, providing that all direct and indirect damages relating to a discharge of petroleum shall be considered insurable property damage, creating an affirmative defense for insurers that the insured failed to take reasonable steps to prevent such discharge and requiring insurers provide a notice in every homeowner's policy that the insured is responsible to take reasonable steps to prevent petroleum discharges

New York 2019-2020 General Assembly

Relates to claims against insurers for petroleum spills, providing that all direct and indirect damages relating to a discharge of petroleum shall be considered insurable property damage, creating an affirmative defense for insurers that the insured failed to take reasonable steps to prevent such discharge and requiring insurers provide a notice in every homeowner's policy that the insured is responsible to take reasonable steps to prevent petroleum discharges.
AB-7943


About AB-7943

Relates to claims against insurers for petroleum spills, providing that all direct and indirect damages relating to a discharge of petroleum shall be considered insurable property damage, creating an affirmative defense for insurers that the insured failed to take reasonable steps to prevent such discharge and requiring insurers provide a notice in every homeowner's policy that the insured is responsible to take reasonable steps to prevent petroleum discharges.

  

Bill Texts

Introduced 05/29/2019

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History

Referred To Environmental Conservation

01/08/2020

Referred To Environmental Conservation

05/29/2019