Issues: Insurance

Senate Passes Comprehensive Hurricane Sandy Legislation

The New York State Senate today passed a comprehensive legislative package that provides relief to people and communities impacted by Hurricane Sandy, aids rebuilding efforts, and increases disaster preparedness.

June 17, 2013
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Senate Gives Final Passage To Bill To Ensure Individuals With Autism Receive Insurance Coverage For Treatments And Therapies

The New York State Senate today gave final legislative passage to legislation to ensure individuals with autism are able to receive insurance coverage for applied behavioral analysis (ABA) therapy as intended under New York State’s autism insurance reform law.The legislation is in response to regulations implemented by the New York State Department of Financial Services which have dramatically limited the number of ABA practitioners where individuals with autism can receive therapy which is covered by insurance.

June 17, 2013
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Senate Gives Final Passage to Bill to Ensure Individuals With Autism Receive Insurance Coverage For Treatments and Therapies

The New York State Senate today gave final legislative passage to legislation, sponsored by Senator Charles J. Fuschillo, Jr. (R-Merrick), to ensure individuals with autism are able to receive insurance coverage for applied behavioral analysis (ABA) therapy as intended under New York State’s autism insurance reform law. The legislation is in response to regulations implemented by the New York State Department of Financial Services which have dramatically limited the number of ABA practitioners where individuals with autism can receive therapy which is covered by insurance.

June 17, 2013
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Senator O'Brien Holds Drunk Drivers Accountable

ROCHESTER, N.Y. – Today, Senator Ted O’Brien’s bill requiring that individuals convicted of DWI pay for their medical transportation before their driver license could be reissued passed the New York State Senate.

“Individuals who break the law and drive while intoxicated put every other motorist in danger. When our emergency services personnel put themselves on the line to aid these impaired drivers, at a minimum they deserve a guarantee that they will be compensated,” Senator O’Brien said. “Insisting that these drivers pay the medical transportation expenses incurred as a result of their reckless actions is another way to deter this behavior and protect law-abiding drivers.”

June 12, 2013
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New York State Senate Passes Klein Bill to Stop Homeowner Insurance Scams

ALBANY, NEW YORK – On Tuesday, the New York Senate passed legislation to protect homeowners from insurance scams by establishing a strict firewall between public adjusters and contractors. The legislation (S.3771A) was written by Senator Klein in response to a series of complaints filed by homeowners against City Island-based Adjustrite, a contracting firm that had established a coordinated scheme whereby a public adjuster directed homeowners to a local contractor with whom he worked and had a nefarious financial arrangement. The bill, known as the “Gayla Marsh Bill,” was named after Gayla Marsh, who fell victim to Adjustrite. Her son, Chancy Marsh, notified Senator Klein’s office and, together, identified other victims of Adjustrite.

June 11, 2013
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Committee Meeting: Insurance Meeting

Senate Standing Committee on Insurance Senator James L. Seward, Chair 12:30 PM, Monday, June 3, 2013 Room 124 CAP

June 3, 12:30 PM - 12:37 PM
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Senate Approves Bills to Fight Auto Insurance Fraud

The New York State Senate today passed legislation to crack down on auto insurance fraud which has led to injuries - even death - for innocent victims and costs hundreds of millions of dollars a year in higher premiums when New Yorkers already pay some of the highest auto insurance rates in the country.The three bills approved today would significantly cut down on auto insurance sc

May 8, 2013
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Senate Approves Bills To Fight Auto Insurance Fraud

The New York State Senate today passed legislation to crack down on auto insurance fraud which has led to injuries - even death - for innocent victims and costs hundreds of millions of dollars a year in higher premiums when New Yorkers already pay some of the highest auto insurance rates in the country.The three bills approved today would significantly cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to prevent criminals from getting policies and continuing to commit auto fraud.  

May 8, 2013
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Seward, Senate Bills To Crack Down On Auto Insurance Fraud

ALBANY, 05/08/13 - The New York State Senate today passed legislation to crack down on auto insurance fraud which has led to injuries - even death - for innocent victims and costs hundreds of millions of dollars a year in higher premiums when New Yorkers already pay some of the highest auto insurance rates in the country.

The three bills approved today would significantly cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to prevent criminals from getting policies and continuing to commit auto fraud.

May 8, 2013
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Committee Meeting: Insurance Meeting

Senate Standing Committee on Insurance Senator James L. Seward, Chair 12:30 PM, Monday, April 22, 2013 Room 124 CAP

April 22, 12:30 PM - 12:38 PM
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STATE BUDGET PROVIDES REAL TAX RELIEF FOR MIDDLE CLASS FAMILIES AND BUSINESSES, ADDRESSES CHALLENGES FACING UPSTATE

ALBANY - The New York State Senate has passed the State Budget on time for the third consecutive year, Senator Patrick M. Gallivan announced today. The spending plan adheres to a self-imposed two percent spending cap, contains significant tax relief for middle-class families and businesses, and also addresses some of the unique challenges facing Western New York.

March 27, 2013
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Committee Meeting: Insurance Meeting

Senate Standing Committee on Insurance Senator James L. Seward, Chair 12:30 PM, Monday, March 18, 2013 Room 124 CAP

Printed No.

Sponsor

Title

2287 Refer to Finance

Ball

March 18, 12:30 PM - 12:34 PM
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SENATE BANKS COMMITTEE SEEKS ANSWERS ON UNSPENT SUPERSTORM SANDY FUNDS

Thursday, February 28

1:00 PM Senator Joseph Griffo, Chairman of the Senate Standing Committee on Banks, Hosts Public Hearing regarding Insurance Proceeds Disbursement

To inform and educate consumers on what they can do to expedite the release of any remaining insurance funds from Superstorm Sandy that are being held by banks and mortgage servicers.

March 1, 2013
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Department Of Financial Services Program For Banks To Meet One-On-One With Homeowners Seeking Sandy Insurance Settlement Money

Five of New York’s largest banks and mortgage servicers will have representatives available to offer one-on-one help to homeowners seeking the release of Superstorm Sandy insurance settlement funds at the Department of Financial Services’ Disaster Assistance Centers from Monday, March 4 through Saturday, March 9.The program is designed to help homeowners complete steps needed to have their banks endorse their insurance settlement checks, which are often written jointly to homeowners and their banks or servicers. Bank representatives will also be able to help people who are struggling to make their mortgage payments.

March 1, 2013
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SENATOR FUSCHILLO ANNOUNCES NEW PROGRAM TO HELP HOMEOWNERS SEEKING RELEASE OF SUPERSTORM SANDY INSURANCE SETTLEMENT MONEY

Bank Representatives Will Be Available March 4th through March 9th to Meet One-on-One With Homeowners to Help Expedite Release of Insurance Settlement Funds 

February 28, 2013
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Committee Meeting: Insurance Meeting

Senate Standing Committee on Insurance Senator James L. Seward, Chair 12:30 PM, Monday, March 4, 2013 Room 124 CAP

March 4, 12:30 PM - 12:34 PM
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Insurance Assistance Program- Massapequa Park

Senator Charles J. Fuschillo, Jr.

March 6, 10:00 AM - 6:00 PM
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Department of Financial Services to Speek Resolution of Insurance Claims in Areas Affected by SANDY

The NYS Department of Financial Services (DFS) is setting new rules to speed the processing of insurance claims in areas affected by Storm Sandy. The new regulation reduces the amount of time an insurer can delay its decision on a claim, and requires insurers to report to the Department on how many claims it is delaying and the reasons for the delays.

February 27, 2013
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SENATOR FUSCHILLO ANNOUNCES FANNIE MAE AND FREDDIE MAC AGREE TO NEW RULES TO ACCELERATE RELEASE OF INSURANCE FUNDS TO HOMEOWNERS AFFECTED BY SANDY

     Senator Charles J. Fuschillo, Jr. (R-Merrick) announced that Fannie Mae and Freddie Mac have agreed to new rules to accelerate the release of insurance proceeds to homeowners affected by Superstorm Sandy.  Fannie Mae and Freddie Mac have reduced restrictions on how banks and mortgage services may release insurance money to homeowners.   

February 26, 2013
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