Senate Bill S3164

2015-2016 Legislative Session

Requires notice of cancellation and renewal of insurance policies to be sent by registered or certified mail

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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2015-S3164 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3425, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: S2897
2011-2012: S833
2013-2014: S646

2015-S3164 (ACTIVE) - Summary

Requires notice of cancellation or non-renewal of property/casualty insurance policies to be sent by an insurer to an insured by registered or certified mail, return receipt requested.

2015-S3164 (ACTIVE) - Sponsor Memo

2015-S3164 (ACTIVE) - Bill Text download pdf

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

                                  3164

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                            February 3, 2015
                               ___________

Introduced  by Sen. STAVISKY -- 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 the  cancellation  and
  renewal provisions of insurance policies

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

  Section 1.   Paragraph 1 of subsection (h)  of  section  3425  of  the
insurance law, as amended by chapter 675 of the laws of 2003, is amended
to read as follows:
  (1) [Proof of mailing of a] A notice of [cancellation,] A reduction of
limits[,  substitution  of policy form, elimination of coverages, condi-
tioned renewal or of intention not to renew,] IN COVERAGE  or  proof  of
the mailing of the reasons therefor, to the named insured at the address
shown  in  the policy, shall be sufficient proof of the giving of notice
and the giving of reasons required by this section;  PROVIDED,  HOWEVER,
THAT  A  NOTICE OF CANCELLATION OF COVERAGE, THE ELIMINATION OF COVERAGE
OR OF THE INTENTION NOT TO RENEW, OR THE MAILING OF THE REASONS THEREFOR
SHALL BE MAILED BY REGISTERED OR CERTIFIED MAIL RETURN RECEIPT REQUESTED
TO THE NAMED INSURED AT THE ADDRESS SHOWN IN THE POLICY.
  S 2.  This act shall take effect on the sixtieth day  after  it  shall
have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04930-01-5


              

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