A5278 — Requires service companies to obtain liability insurance coverage sufficient to cover the value of property consigned to or deposited with such business by customers of the business

A5278 — Requires service companies to obtain liability insurance coverage sufficient to cover the value of property consigned to or deposited with such business by customers of the business · Informed CitizenryThis bill amends the general business law to require service companies licensed in New York to obtain at least $1,000,000 in all-risk or comprehensive general liability insurance. This coverage mus…Open in Informed Citizenry