Bill Combating False Insurance Certificates Sent To NY Gov.

Law360, New York (June 21, 2013, 4:28 PM EDT) -- The New York Senate on Thursday approved a bill that makes clear certificates of insurance do not provide new rights under the insurance policies they are supposed to summarize and fights the use of false or misleading certificates to meet requirements under loans and contracts, sending the legislation to Gov. Andrew Cuomo's desk.

The approval comes a few days after the New York Assembly gave a thumbs up to the bill, which defines insurance certificates and sets standards for certificate forms for the first time in...
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