By Marc H. Pillinger and Neil L. Sambursky.
PMT alerted you that on December 31, 2021, New York Governor Kathy Hochul signed the Comprehensive Insurance Disclosure Act (“CIDA”) into law and greatly expanded a defendant’s insurance disclosure requirements under New York’s CPLR § 3101(f). Last week, however, by a 60-1 vote, the New York State Senate took the first step towards reigning-in CIDA. The revised bill is now before the New York Assembly. Although we cannot predict the Assembly’s actions, the State Senate’s bill proposes modifying CIDA to require:
Two other proposed changes are significant: First, insurance applications will not be required to be disclosed. This will avoid a host of issues regarding proprietary information that is not relevant to the resolution of a lawsuit, but can cause competitive damage to both insureds and insurers. Second, the law will not apply to automobile No-Fault and Personal Injury Protection policies.
PMT is always on your side, and we will monitor these revisions and advise you of what happens next. Stay tuned.
Should you have any questions, please call our office at (914) 703-6300 or contact:
Marc H. Pillinger, Executive Partner
mpillinger@pmtlawfirm.com
Jeffrey T. Miller, Executive Partner
jmiller@pmtlawfirm.com
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