Senate Bill S1344

2011-2012 Legislative Session

Relates to prohibiting rate variations of over ten percent between counties within the city of New York for nonbusiness private passenger automobiles

download bill text pdf

Sponsored By

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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2011-S1344 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2307, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1106
2013-2014: S409
2015-2016: S2286
2017-2018: S4201

2011-S1344 (ACTIVE) - Summary

Relates to prohibiting rate variations of over ten percent between counties within the city of New York for non-business private passenger automobiles.

2011-S1344 (ACTIVE) - Sponsor Memo

2011-S1344 (ACTIVE) - Bill Text download pdf

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

                                  1344

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                             January 6, 2011
                               ___________

Introduced  by  Sens.  DILAN,  DIAZ,  HASSELL-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.
                                                           LBD02674-01-1


              

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