· NY legislature · 2025-2026

Relates to default insurance

Defines "default insurance" means insurance providing first-party indemnity to a named insured for losses, costs, and expenses sustained by the named insured arising from a third party's material failure, as determined by the named insured, to perform a binding agreement executed by the named insured and such third…

Sponsor

Jeremy Cooney (D-NY)

Introduced

2026-02-05

Latest action

REFERRED TO INSURANCE