Requires property/casualty insurance companies to submit information on multifamily housing premiums and claims paid to the department of financial services

Summary

The bill mandates every property/casualty insurer operating in New York to submit a yearly report on premiums collected and claims paid for buildings with two or more dwelling units. The Department of Financial Services must publish the data in a public database while protecting trade‑secret information. The measure aims to increase transparency about insurance costs and losses in multifamily housing.

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