Senate Bill S3571

2011-2012 Legislative Session

Authorizes superintendent of insurance to conduct a study and make recommendations on title insurance premium rates in N.Y. state

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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2011-S3571 (ACTIVE) - Details

See Assembly Version of this Bill:
A2016
Current Committee:
Senate Insurance
Law Section:
Insurance
Versions Introduced in Other Legislative Sessions:
2009-2010: S6289, A9452
2013-2014: S812, A736
2015-2016: S7744, A2931
2017-2018: A5456
2019-2020: A4224
2021-2022: A8906
2023-2024: A413

2011-S3571 (ACTIVE) - Summary

Authorizes superintendent of insurance to conduct study and make recommendations on title insurance premium rates in NYS.

2011-S3571 (ACTIVE) - Sponsor Memo

2011-S3571 (ACTIVE) - Bill Text download pdf

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

                                  3571

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 25, 2011
                               ___________

Introduced  by  Sen.  ADAMS  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Insurance

AN ACT in relation to  directing  the  superintendent  of  insurance  to
  conduct  a  study and issue a report regarding title insurance premium
  rates

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

  Section 1. 1. The superintendent of insurance is hereby authorized and
directed  to  conduct  a  comprehensive study on title insurance premium
rates.
  2. Within one year of the effective date of this act  the  superinten-
dent  of insurance shall issue a report to the governor and the legisla-
ture. Such study and report shall include but shall not be limited to:
  a. an analysis of title insurance premium rates in New York state;
  b. steps that can be taken to reduce such rates; and
  c. what service charges are regularly added to  customers'  bills  for
title services.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05047-01-1


              

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