Assembly Bill A736

2013-2014 Legislative Session

Authorizes superintendent of insurance to conduct a study and make recommendations on title insurance premium rates in N.Y. state

download bill text pdf

Sponsored By

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

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2013-A736 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance
Versions Introduced in Other Legislative Sessions:
2009-2010: A9452
2011-2012: A2016
2015-2016: A2931
2017-2018: A5456
2019-2020: A4224
2021-2022: A8906
2023-2024: A413

2013-A736 (ACTIVE) - Summary

Authorizes superintendent of financial services to conduct study and make recommendations on title insurance premium rates in NYS.

2013-A736 (ACTIVE) - Bill Text download pdf 

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

                                   736

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced by M. of A. WEPRIN -- Multi-Sponsored by -- M. of A. BRENNAN,
  GIBSON, GOTTFRIED, JACOBS, MAGEE, PEOPLES-STOKES, SWEENEY -- read once
  and referred to the Committee on Insurance

AN ACT in relation to directing the superintendent of financial services
  to conduct a study and issue a report regarding title insurance premi-
  um rates

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

  Section 1. 1. The  superintendent  of  financial  services  is  hereby
authorized and directed to conduct a comprehensive study on title insur-
ance premium rates.
  2.  Within  one year of the effective date of this act the superinten-
dent of financial services shall issue a report to the governor and  the
legislature. Such study and report shall include but shall not be limit-
ed to:
  a. an analysis of title insurance premium rates in New York state;
  b. steps that can be taken to reduce such rates; and
  c.  what  service  charges are regularly added to customers' bills for
title services.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02922-01-3

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