Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to insurance |
Jan 20, 2015 |
referred to insurance |
Assembly Bill A2633
2015-2016 Legislative Session
Sponsored By
PEOPLES-STOKE
Archive: Last Bill Status - In Assembly 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
multi-Sponsors
Vivian Cook
Jose Rivera
2015-A2633 (ACTIVE) - Details
- See Senate Version of this Bill:
- S763
- Current Committee:
- Assembly Insurance
- Law Section:
- Insurance Law
- Laws Affected:
- Amd ยง2307, Ins L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1965
2011-2012: S3104
2013-2014: A8501, S367
2017-2018: A2754, S5104
2019-2020: A7022, S583
2021-2022: A3045, S3857
2023-2024: A840
2015-A2633 (ACTIVE) - Summary
Establishes as a distinct territory for purposes of rating private passenger nonbusiness automobile insurance policies, a certain city with a population between 19,040 and 25,000 which is geographically contiguous to a city with a population between 292,648 and 350,000; provides that the superintendent may require insurers to adjust existing or establish new territory definitions based on such review.
2015-A2633 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2633 2015-2016 Regular Sessions I N A S S E M B L Y January 20, 2015 ___________ Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to providing for a review of certain existing rating territory definitions for non-business automobile insurance policies THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2307 of the insurance law is amended by adding a new subsection (f) to read as follows: (F) (1) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, WITH RESPECT TO NON-BUSINESS AUTOMOBILE INSURANCE POLICIES, THE SUPERINTENDENT SHALL UNDERTAKE A THOROUGH REVIEW OF RATING TERRITORY DEFINITIONS AND RATE IMPLICATIONS OF CURRENT TERRITORIAL DEFINITIONS IN USE IN THIS STATE, WITH PARTICULAR FOCUS ON CHANGING DEMOGRAPHICS, BORDERLINE ZIP CODES, TERRITORIAL GROUPINGS, AND ALTERNATIVE APPROACHES TO ACHIEVING HOMOGENE- ITY. (2) BASED ON SUCH REVIEW, THE SUPERINTENDENT MAY REQUIRE INSURERS TO ADJUST EXISTING OR ESTABLISH NEW TERRITORY DEFINITIONS AND TO USE SUCH ADJUSTED OR NEW TERRITORIES IN RELATION TO SUCH POLICIES. (3) WITH RESPECT TO SUCH REVIEW AND ANY REQUIREMENTS MADE PURSUANT TO THIS SECTION, THE SUPERINTENDENT SHALL FIRST FOCUS ON CITIES WITH A POPULATION OF MORE THAN NINETEEN THOUSAND FORTY BUT LESS THAN TWENTY-FIVE THOUSAND HAVING HAD A DECREASE IN TRAFFIC DENSITY AND ACCI- DENTS, WHICH ARE GEOGRAPHICALLY CONTIGUOUS WITH A CITY WITH A POPULATION OF MORE THAN TWO HUNDRED NINETY-TWO THOUSAND SIX HUNDRED FORTY-EIGHT BUT LESS THAN THREE HUNDRED FIFTY THOUSAND. (4) THE SUPERINTENDENT SHALL REPORT TO THE GOVERNOR AND THE LEGISLA- TURE ON SUCH REVIEW AND ACTIONS TAKEN PURSUANT TO THIS SUBSECTION. S 2. The review required by section one of this act shall be completed by July first in the year next succeeding the year in which it shall have become law, and the report required by section one of this act shall be submitted no later than December thirty-first in the year next succeeding the year in which it shall have become law. S 3. This act shall take effect immediately.
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