Assembly Bill A10784

Vetoed By Governor
2011-2012 Legislative Session

Relates to limits on certain supplementary insurance

download bill text pdf

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Archive: Last Bill Status - Vetoed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2011-A10784 (ACTIVE) - Details

See Senate Version of this Bill:
S7787
Law Section:
Insurance Law
Laws Affected:
Amd §3420, add §5109-a, Ins L

2011-A10784 (ACTIVE) - Summary

Relates to limits on certain supplementary insurance; permits insured to refuse supplementary insurance; requires certain disclaimer; relates to payments to durable medical equipment providers.

2011-A10784 (ACTIVE) - Bill Text download pdf

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

                                  10784

                          I N  A S S E M B L Y

                              June 18, 2012
                               ___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Morelle) --
  read once and referred to the Committee on Insurance

AN ACT to amend the insurance law, in  relation  to  limits  on  certain
  supplementary  insurance;  and  in  relation  to  payments  to durable
  medical equipment providers

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

  Section 1. Paragraph 2 of subsection (f) of section 3420 of the insur-
ance  law,  as separately amended by chapters 547 and 568 of the laws of
1997, is amended to read as follows:
  (2) (A) Any such policy shall[, at the option of  the  insured,  also]
provide  supplementary  uninsured/underinsured  motorists  insurance for
bodily injury[, in an amount up to] IN THE SAME  AMOUNT  AS  the  bodily
injury  liability insurance limits of coverage provided under such AUTO-
MOBILE INSURANCE policy[, subject to a  maximum  of  two  hundred  fifty
thousand  dollars  because of bodily injury to or death of one person in
any one accident and, subject to such limit for one person, up  to  five
hundred  thousand dollars because of bodily injury to or death of two or
more persons in any one accident, or a combined single limit  policy  of
five  hundred  thousand  dollars because of bodily injury to or death of
one or more persons in any one accident. Provided  however,  an  insurer
issuing  such  policy,  in lieu of offering to the insured the coverages
stated above, may provide supplementary uninsured/underinsured motorists
insurance for bodily injury, in  an  amount  up  to  the  bodily  injury
liability  insurance  limits  of  coverage  provided  under such policy,
subject to a maximum of one hundred thousand dollars because  of  bodily
injury  to  or  death  of one person in any one accident and, subject to
such limit for one person, up to three hundred thousand dollars  because
of bodily injury to or death of two or more persons in any one accident,
or  a  combined  single  limit  policy of three hundred thousand dollars
because of bodily injury to or death of one or more persons in  any  one
accident, if such insurer also makes available a personal umbrella poli-
cy  with  liability coverage limits up to at least five hundred thousand
dollars    which    also    provides    coverage    for    supplementary

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

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