Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 18, 2025 |
referred to insurance |
Senate Bill S5049
2025-2026 Legislative Session
Sponsored By
(D) 36th Senate District
Current 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
2025-S5049 (ACTIVE) - Details
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §2108, Ins L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S6954
2019-2020: S3636
2021-2022: S3579
2023-2024: S1468
2025-S5049 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5049 SPONSOR: BAILEY TITLE OF BILL: An act to amend the insurance law, in relation to licensing of independ- ent adjusters PURPOSE: This bill intends to streamline the licensing of independent insurance adjusters by waiving the requirement for each individual applicant to take and pass a personal written examination so long as the applicant holds a claims certification issued by a national or state-based claims association with certification programs that meet minimum standards. SUMMARY OF PROVISIONS: Sections 1 amends paragraph of subsection (f) of section 2108 of the insurance law to waive the requirement for an independent adjuster applicant to take and pass a personal written examination so long as he or she holds a claims certification issued by a national or state-based
2025-S5049 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5049 2025-2026 Regular Sessions I N S E N A T E February 18, 2025 ___________ Introduced by Sen. BAILEY -- 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 licensing of independ- ent adjusters THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 1 of subsection (f) of section 2108 of the insur- ance law is amended to read as follows: (1) The superintendent shall, in order to determine the trustworthi- ness and competency to act as an independent adjuster of each individual applicant for such license, and of each proposed sub-licensee, except in the case of a renewal license, require every such individual to take and pass, to the satisfaction of the superintendent, a personal written examination. The superintendent may prescribe the types of written exam- inations according to the kind or kinds of insurance claims [which] THAT the applicant is to be licensed to investigate and adjust. THE EXAM REQUIREMENT SHALL BE WAIVED FOR INDIVIDUALS HOLDING A CLAIMS CERTIF- ICATION ISSUED BY A NATIONAL OR STATE-BASED CLAIMS ASSOCIATION WITH A CERTIFICATION PROGRAM THAT CONSISTS OF AT LEAST FORTY HOURS OF PRE-EXAM COURSEWORK, A PROCTORED EXAM OF SUFFICIENT LENGTH TO ADEQUATELY DETER- MINE THE COMPETENCY OF THE INDIVIDUAL, AND TWENTY-FOUR HOURS OF CONTINU- ING EDUCATION REQUIRED FOR CERTIFICATION RENEWALS ON A BIENNIAL BASIS, SUBJECT TO THE APPROVAL OF THE SUPERINTENDENT. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09379-01-5
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