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New YorkA 9792025-2026 Regular SessionHouse

Relates to contractual liability insurance policies

Sponsored By: Jen Lunsford (Democratic)

Signed by Governor

INSURANCE

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Service contract providers face five-policy insurance cap

Effective immediately, New York limits each service contract provider to five reimbursement insurance policies covering contracts it actively offers. Providers must insure the performance of all service contracts. Policies must come from an authorized insurer or be obtained through a licensed excess line broker. Providers that fail to insure their obligations must meet one of two existing alternatives under New York insurance law. If coverage lapses or ends, providers must meet those alternative requirements within 45 days.

Sponsors & Cosponsors

Sponsor

  • Jen Lunsford

    Democratic • House

Cosponsors

  • David Weprin

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 209 • No: 0

Senate vote • 6/9/2025

FLOOR Vote

Yes: 62 • No: 0

House vote • 5/20/2025

Assembly floor vote

Yes: 147 • No: 0

Actions Timeline

  1. SIGNED CHAP.441

    10/16/2025House

  2. DELIVERED TO GOVERNOR

    10/9/2025House

  3. RETURNED TO ASSEMBLY

    6/9/2025Senate

  4. PASSED SENATE

    6/9/2025Senate

  5. 3RD READING CAL.1448

    6/9/2025Senate

  6. SUBSTITUTED FOR S5048A

    6/9/2025Senate

  7. REFERRED TO INSURANCE

    5/20/2025Senate

  8. DELIVERED TO SENATE

    5/20/2025House

  9. PASSED ASSEMBLY

    5/20/2025House

  10. ADVANCED TO THIRD READING CAL.142

    5/15/2025House

  11. REPORTED

    5/13/2025House

  12. PRINT NUMBER 979A

    4/15/2025House

  13. AMEND AND RECOMMIT TO INSURANCE

    4/15/2025House

  14. REFERRED TO INSURANCE

    1/8/2025House

Bill Text

  • Amendment A

    4/15/2025

    PDF

  • Original

    1/7/2025

    PDF

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