Senate Bill S5890

2015-2016 Legislative Session

Permits insurers to provide certain loss prevention and risk management devices to insureds and prospective insureds

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-S5890 (ACTIVE) - Details

See Assembly Version of this Bill:
A8060
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2324, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: A4338
2019-2020: A3834
2021-2022: A1545
2023-2024: A807

2015-S5890 (ACTIVE) - Summary

Permits insurers to provide certain loss prevention and risk management devices to insureds and prospective insureds.

2015-S5890 (ACTIVE) - Sponsor Memo

2015-S5890 (ACTIVE) - Bill Text download pdf

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

                                  5890

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 10, 2015
                               ___________

Introduced  by  Sen.  O'MARA -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the insurance law, in relation to permitting insurers to
  provide  certain  loss  prevention  and  risk  management  devices  to
  insureds and prospective insureds

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

  Section 1. Section 2324 of the insurance law is amended  by  adding  a
new subsection (d-1) to read as follows:
  (D-1)  NOTHING IN THIS SECTION SHALL BE DEEMED TO PROHIBIT AN INSURER,
OR A PERSON ACTING IN CONJUNCTION WITH, OR ON BEHALF OF AN INSURER, FROM
PROVIDING AN INSURED, OR A PROSPECTIVE INSURED, WITH LOSS  REDUCTION  OR
SAFETY  RELATED  ELECTRONICS,  EQUIPMENT OR DEVICES OR ITEMS, OR SPECIAL
OFFERS OR OTHER THINGS OF VALUE OR  INCENTIVES  DESIGNED  TO  ASSIST  AN
INSURED  UNDER  A  POLICY IN MANAGING THE RISKS THEY MAY FACE WHILE THEY
ARE AN INSURED OR IN PROMOTING DRIVER SAFETY FOR  PROSPECTIVE  INSUREDS.
IN  CARRYING  OUT  THE  PROVISIONS  OF  THIS  SUBSECTION, AN INSURER MAY
PROVIDE SIMILAR BUT  NOT  NECESSARILY  IDENTICAL  DEVICES  OR  ITEMS  TO
INSUREDS AND PROSPECTIVE INSUREDS.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11475-01-5


              

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