§ 3401 Insurable Interest in Property
§ 3402 Executory Contract Not a Change in Interest, Title or Possession
§ 3403 Anti-Arson Application
§ 3404 Fire Insurance Contracts; Standard Policy Provisions; Permissible Variations
§ 3405 Fire Insurance Contract; Losses From Nuclear Reaction or Radiation
§ 3406 Copy of Examination of Insured to Be Delivered to Insured
§ 3407 Property Insurance; Proofs of Loss; Notice of Loss
§ 3407-A Property/casualty Insurance Contract and Policy Standard Provisions
§ 3408 Fire Insurance; Appraisal of Loss; Procedure for Selection of Umpire On Failure to Agree
§ 3409 Distribution of Hazardous Material Report Forms
§ 3410 Fire Insurance Contract; Payment of Liens On Proceeds; Certain Cases
§ 3411 Automobile Physical Damage Insurance Covering Private Passenger Automobiles; Standard Provisions; Required Inspections; Duties of Insurers and Insured
§ 3412 Automobile Physical Damage Insurance Covering Private Passenger Automobiles; Salvage; Total Losses; Thefts; Duties of Insurers
§ 3413 Standard Claim Forms for Fire Losses
§ 3414 Reports by Insurers of Certain Casualty Loss On Property Owned or Operated by Religious Organizations
§ 3415 Supplemental Claim Form to Be Submitted for Certain Fire Loss Claims in Excess of Ten Thousand Dollars in a City With a Population of One Million or M
§ 3420 Liability Insurance; Standard Provisions; Right of Injured Person
§ 3425 Certain Property/casualty Insurance Policies; Cancellation and Renewal Provisions; Agents’ Contracts and Brokers’ Accounts
§ 3426 Commercial Lines Insurance; Cancellation and Renewal Provisions
§ 3427 Gap Insurance; Cancellation, Renewal and Other Provisions
§ 3428 Cancellation of Insurance Contracts; Return Premiums; Financed Insurance Premiums
§ 3429 Geographical Location of Risks; Fire, Fire and Extended Coverage Policies; Private Passenger Automobile Insurance Policies
§ 3429-A Geographical Location of Risks in Area Serviced by a Volunteer Fire Department; Fire, Fire and Extended Coverage Policies
§ 3430 Right of Insured, Agent or Broker Aggrieved On Basis of Geographical Location of Property or Risks
§ 3431 Immunity; Insurers’ Reports to Insureds, to Applicants for Insurance and to Terminated Agents or Brokers
§ 3432 Immunity; Reports to Certain Public Officials and to Designated Organizations
§ 3433 Termination of Contracts or Accounts of Licensed Agents or Brokers; Prohibition; Geographical Location
§ 3434 Motor Vehicle Insurance Policies; Disabled Persons; Prohibitions Against Cancelling, Refusing to Issue or Renew Policies
§ 3435 Group Property/casualty Insurance
§ 3435-A Motor Vehicle Insurance Policies; New York State Licensed Drivers; Prohibitions Against Refusing to Issue Policies or Renew Policies
§ 3436 Medical Malpractice Insurance; Type of Coverage
§ 3436*2 Group Credit Unemployment Insurance and Individual Credit Unemployment Insurance
§ 3439 Reinsurance Contracts Excepted
§ 3440 Insurance Covering Private Passenger Motor Vehicles; Rental Vehicle Coverage
§ 3442 Credit Card, Debit Card, or Checking Account Group Policies
§ 3443 Workers’ Compensation and Employers’ Liability Insurance; Optional Policyholder Deductibles
§ 3444 Flood Insurance Notice
§ 3445 Windstorm Insurance Notice
§ 3446 Product or System Group Insurance Policies
§ 3447 Qualification of Environmental Remediation Insurance for Tax Credit
§ 3448 Involuntary Unemployment Insurance Policies
§ 3449 Wireless Communications Equipment Insurance Policies
§ 3450 Insurance for Expenses Incurred as a Result of an Act or Threatened Act of Violence
§ 3451 Identity Theft Group Insurance Policies
§ 3451*2 Regulations
§ 3452 Group Property Travel Insurance Policies
§ 3453 Group Policy for Service Providers Listed in a Commercial Directory
§ 3453*2 Self-Service Storage Company Group Insurance Policies
§ 3453*3 Employer Sponsored Group Personal Excess Insurance
§ 3454 Sponsored Group Personal Insurance
§ 3455 Transportation Network Company Group Insurance Policies
§ 3456 Prohibition Against Cancellation of Policy When Motor Vehicle Is Used or Operated Through a Transportation Network Company Program
§ 3457 Group Fleet Policy for Motor Vehicles Engaged in the Business of Carrying or Transporting Passengers For-Hire

Terms Used In New York Laws > Insurance > Article 34 - Insurance Contracts-Property/casualty

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Approved assessing unit: shall mean an assessing unit certified by the commissioner, pursuant to section nineteen hundred two of this chapter, as having completed a revaluation which is in conformance with the commissioner's rules and regulations. See N.Y. Real Property Tax Law 701
  • Arrest: Taking physical custody of a person by lawful authority.
  • assessed value: means the determination made by assessors or the board of assessment review of the valuation of real property, including the valuation of exempt real property. See N.Y. Real Property Tax Law 701
  • assessed value: means the determination made by assessors or the board of assessment review of the valuation of real property, including the valuation of exempt real property. See N.Y. Real Property Tax Law 729
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • City: means the city of New York. See N.Y. Real Property Tax Law 583
  • Class designation: shall mean :

    (a) In an assessing unit other than a special assessing unit, the determination, pursuant to section nineteen hundred three of this chapter, of whether real property is included in the homestead class; or

    (b) In a special assessing unit, the determination, pursuant to section eighteen hundred two of this chapter, of whether real property is included in class one, two, three or four. See N.Y. Real Property Tax Law 701

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Dependent: A person dependent for support upon another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Oath: A promise to tell the truth.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Special assessing unit: shall mean an assessing unit with a population of one million or more. See N.Y. Real Property Tax Law 701
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Tax district: means a county, city, town, village, school district or special district by or on behalf of which a tax or special ad valorem levy is imposed. See N.Y. Real Property Tax Law 729
  • taxable assessed value: means the assessed valuation of real property less partial exemptions. See N.Y. Real Property Tax Law 701
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Watershed agricultural easement: means a watershed conservation easement which allows the land subject to such easement to be utilized in agricultural production. See N.Y. Real Property Tax Law 583
  • Watershed conservation easement: means an easement, covenant, restriction or other interest in real property purchased by or on behalf of the city of New York that is located in those areas of the counties of Delaware, Dutchess, Greene, Putnam, Schoharie, Sullivan, Ulster and Westchester located in the watershed of the New York city water supply, created under and subject to the provisions of article forty-nine of the environmental conservation law which, for the purpose of maintaining the open space, natural condition, or character of the real property in a manner consistent with the protection of water quality generally and the New York city water supply specifically, limits or restricts development, management or use of such real property. See N.Y. Real Property Tax Law 583
  • Writ of certiorari: An order issued by the Supreme Court directing the lower court to transmit records for a case for which it will hear on appeal.