Senate Bill S5798A

2013-2014 Legislative Session

Relates to directing an examination concerning homeowners insurance coverage for sewer backup

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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

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Bill Amendments

co-Sponsors

2013-S5798 - Details

See Assembly Version of this Bill:
A8580
Current Committee:
Senate Insurance
Law Section:
Financial Services
Versions Introduced in 2015-2016 Legislative Session:
S1454, A453

2013-S5798 - Summary

Relates to directing an examination by the superintendent of financial services concerning the treatment of concurrent causation provisions in homeowners insurance contracts for coverage of sewer backup.

2013-S5798 - Sponsor Memo

2013-S5798 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5798

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              June 14, 2013
                               ___________

Introduced  by  Sens.  GOLDEN,  ZELDIN,  LANZA, SAVINO -- read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Insurance

AN ACT directing the superintendent of financial services to examine and
  make  recommendations  regarding  concurrent  causation in relation to
  sewer backup insurance coverage

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The superintendent of financial services is hereby directed
to  examine and make recommendations concerning the treatment of concur-
rent causation in relation to homeowners insurance  coverage  for  sewer
backup.  Such  study  shall specifically include, among other issues, an
analysis of the potential premium impact and  potential  impact  on  the
availability of sewer backup insurance coverage of prohibiting anti-con-
current  causation  clauses from applying relative to such coverage. The
superintendent of financial services shall submit a report to the gover-
nor and the legislature, on or before January 1, 2014, of  findings  and
recommendations.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11522-01-3

co-Sponsors

2013-S5798A (ACTIVE) - Details

See Assembly Version of this Bill:
A8580
Current Committee:
Senate Insurance
Law Section:
Financial Services
Versions Introduced in 2015-2016 Legislative Session:
S1454, A453

2013-S5798A (ACTIVE) - Summary

Relates to directing an examination by the superintendent of financial services concerning the treatment of concurrent causation provisions in homeowners insurance contracts for coverage of sewer backup.

2013-S5798A (ACTIVE) - Sponsor Memo

2013-S5798A (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5798--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              June 14, 2013
                               ___________

Introduced  by  Sens.  GOLDEN,  ZELDIN,  LANZA, SAVINO -- read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Insurance  --  recommitted to the Committee on Insurance in accordance
  with Senate Rule 6, sec. 8  --  committee  discharged,  bill  amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT directing the superintendent of financial services to examine and
  make  recommendations  regarding  concurrent  causation in relation to
  sewer backup insurance coverage

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The superintendent of financial services is hereby directed
to  examine and make recommendations concerning the treatment of concur-
rent causation in relation to homeowners insurance  coverage  for  sewer
backup.  Such  study  shall specifically include, among other issues, an
analysis of the potential premium impact and  potential  impact  on  the
availability of sewer backup insurance coverage of prohibiting anti-con-
current  causation  clauses from applying relative to such coverage. The
superintendent of financial services shall submit a report to the gover-
nor and the legislature, on or before January 1, 2015, of  findings  and
recommendations.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11522-02-3

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