Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 30, 2015 |
signed chap.24 |
Jun 29, 2015 |
delivered to governor |
Jun 15, 2015 |
returned to assembly passed senate substituted for s3513a |
Jun 09, 2015 |
referred to insurance delivered to senate passed assembly ordered to third reading rules cal.127 rules report cal.127 reported |
Jun 03, 2015 |
reported referred to rules |
May 26, 2015 |
print number 6131a |
May 26, 2015 |
amend and recommit to insurance |
Mar 16, 2015 |
referred to insurance |
Assembly Bill A6131A
Signed By Governor2015-2016 Legislative Session
Sponsored By
STECK
Archive: Last Bill Status - Signed by Governor
- 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
Votes
Bill Amendments
2015-A6131 - Details
2015-A6131 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6131 2015-2016 Regular Sessions I N A S S E M B L Y March 16, 2015 ___________ Introduced by M. of A. STECK -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to extending authori- zation for certain exemptions from filing requirements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 3 of subsection (c) of section 6302 of the insur- ance law, as amended by section 9 of part B of chapter 78 of the laws of 2014, is amended to read as follows: (3) until December thirty-first, two thousand [sixteen] EIGHTEEN, a domestic property/casualty insurance company that maintains at all times a surplus to policyholders of at least twice the minimum surplus to policyholders required to be maintained for the kinds of insurance that it is authorized to write in this state, or an insurer licensed pursuant to article sixty-one of this chapter as a reciprocal insurer that main- tains at all times a surplus to policyholders of at least the minimum surplus to policyholders required to be maintained for the kinds of insurance that it is authorized to write in this state, provided that the domestic property/casualty insurance company or reciprocal insurer: (A) has total direct premiums comprised of at least ninety percent medical malpractice insurance; (B) assumes reinsurance premiums in an amount that is less than five percent of total direct premiums written; and (C) writes ninety percent of its total direct premiums in this state. S 2. Paragraph 3 of subsection (a) of section 6303 of the insurance law, as amended by chapter 75 of the laws of 2013, is amended to read as follows: (3) [until June thirtieth, two thousand fifteen,] the policy, other than a medical malpractice insurance policy, is issued to a large commercial insured that employs or retains a special risk manager to EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07120-01-5
2015-A6131A (ACTIVE) - Details
2015-A6131A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6131--A 2015-2016 Regular Sessions I N A S S E M B L Y March 16, 2015 ___________ Introduced by M. of A. STECK -- read once and referred to the Committee on Insurance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the insurance law, in relation to extending authori- zation for certain exemptions from filing requirements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 3 of subsection (c) of section 6302 of the insur- ance law, as amended by section 9 of part B of chapter 78 of the laws of 2014, is amended to read as follows: (3) until December thirty-first, two thousand [sixteen] EIGHTEEN, a domestic property/casualty insurance company that maintains at all times a surplus to policyholders of at least twice the minimum surplus to policyholders required to be maintained for the kinds of insurance that it is authorized to write in this state, or an insurer licensed pursuant to article sixty-one of this chapter as a reciprocal insurer that main- tains at all times a surplus to policyholders of at least the minimum surplus to policyholders required to be maintained for the kinds of insurance that it is authorized to write in this state, provided that the domestic property/casualty insurance company or reciprocal insurer: (A) has total direct premiums comprised of at least ninety percent medical malpractice insurance; (B) assumes reinsurance premiums in an amount that is less than five percent of total direct premiums written; and (C) writes ninety percent of its total direct premiums in this state. S 2. The opening paragraph of paragraph 3 of subsection (a) of section 6303 of the insurance law, as amended by chapter 75 of the laws of 2013, is amended to read as follows: until June thirtieth, two thousand [fifteen] NINETEEN, the policy, other than a medical malpractice insurance policy, is issued to a large commercial insured that employs or retains a special risk manager to assist in the negotiation and purchase of a policy exempted under this article, provided, however, that: S 3. This act shall take effect immediately.
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