2010 New York Code
ABP - Abandoned Property
Article 13 - (1300 - 1317) MISCELLANEOUS UNCLAIMED PROPERTY
1316 - Unclaimed insurance proceeds other than life insurance.

§  1316.  Unclaimed  insurance  proceeds other than life insurance. 1.
  Any amount issued and payable on or after July first,  nineteen  hundred
  seventy-four  payable  to  a  resident  of this state on or because of a
  policy of insurance other than life insurance, which is held or owing by
  a domestic insurer or a foreign insurer authorized  to  do  business  in
  this  state  or  by  an agent or agency of such insurer, shall be deemed
  abandoned property if unclaimed for three years by the  person  entitled
  thereto. Where such amount is held or owing by a domestic insurer for an
  unknown  person  or  a  person  whose address is unknown, such amount is
  presumed to be payable to a resident of this state.
    2. Such abandoned  property  shall  be  reported  to  the  comptroller
  annually  on  or  before the first day of April. Such report shall be in
  such form and manner as the comptroller may prescribe.
    3. Within thirty days following the filing of the report of  abandoned
  property  with  the  comptroller  pursuant  to  subdivision  two of this
  section, the insurer  shall  cause  to  be  published  a  list  of  such
  abandoned  property  in  the  same  manner  as  that prescribed for life
  insurance companies by section seven hundred two of this chapter.
    4.  Such  abandoned  property  shall  be  paid  or  delivered  to  the
  comptroller within the first ten days of September of each year.

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