Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2010 |
referred to insurance |
Jan 26, 2009 |
referred to insurance |
Senate Bill S1106
2009-2010 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Insurance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(D, WF) Senate District
(D) Senate District
(D, WF) Senate District
(D) Senate District
2009-S1106 (ACTIVE) - Details
2009-S1106 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1106 TITLE OF BILL : An act to amend the insurance law, in relation to prohibiting insurance rate variations of more than ten percent between counties within the city of New York for non-business private passenger automobiles PURPOSE OR GENERAL IDEA OF BILL : The purpose of this bill is to make private passenger automobile insurance more affordable for certain New York City residents. SUMMARY OF SPECIFIC PROVISIONS : This bill would, with respect to private passenger automobile insurance, prohibit any insurer or rate service organization from using, applying for or filing with the superintendent for approval any rates that apply to rating territories within the city of New York that provide for rate variations between any county within the city of more than ten percent. JUSTIFICATION :
2009-S1106 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1106 2009-2010 Regular Sessions I N S E N A T E January 26, 2009 ___________ Introduced by Sens. DILAN, ADAMS, DIAZ, HASSELL-THOMPSON, MONTGOMERY, THOMPSON -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to prohibiting insurance rate variations of more than ten percent between counties within the city of New York for non-business private passenger automobiles THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (a) of section 2307 of the insurance law is amended to read as follows: (a) (1) No insurer or rate service organization shall use a rating classification or territory unless it has been filed with the super- intendent and either he OR SHE has approved it, or ninety days have elapsed and he OR SHE has not disapproved it as unfairly discriminatory or violative of public policy. (2) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, WITH RESPECT TO NON-BUSINESS PRIVATE PASSENGER AUTOMOBILE INSURANCE POLICIES, NO INSURER OR RATE SERVICE ORGANIZATION SHALL USE, APPLY FOR OR FILE WITH THE SUPERINTENDENT FOR APPROVAL ANY RATES THAT APPLY TO RATING TERRITORIES WITHIN THE CITY OF NEW YORK THAT PROVIDE FOR RATE VARIATIONS BETWEEN ANY COUNTY WITHIN THE CITY OF NEW YORK OF MORE THAN TEN PERCENT. S 2. This act shall take effect immediately and shall apply to all policies of insurance altered, amended, issued or renewed on or after such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05021-01-9
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