Assembly Bill A2082

2015-2016 Legislative Session

Relates to personal and commercial lines insurance

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

multi-Sponsors

2015-A2082 (ACTIVE) - Details

See Senate Version of this Bill:
S2349
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd ยงยง3425 & 3426, Ins L
Versions Introduced in Other Legislative Sessions:
2013-2014: A7454, S5578
2017-2018: A157, S2812
2019-2020: A395, S3498
2021-2022: A599, S503

2015-A2082 (ACTIVE) - Summary

Relates to personal and commercial lines insurance; provides that an insurer or producer shall, prior to the time a policy of personal lines insurance is sold or purchased, provide the potential insured with a copy of the policy and allow the potential insured sufficient time to review such policy; further provides that an insurer or producer shall, prior to the time a policy of commercial lines insurance that provides coverage for loss or damage to real property, personal property, or other liabilities for loss or damage to property is sold or purchased, provide the potential insured with a copy of the policy and allow the potential insured sufficient time to review such policy.

2015-A2082 (ACTIVE) - Bill Text download pdf 

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

                                  2082

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 15, 2015
                               ___________

Introduced  by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. ABINAN-
  TI, BUCHWALD, CUSICK, MALLIOTAKIS, WEPRIN -- read once and referred to
  the Committee on Insurance

AN ACT to amend the insurance law, in relation to personal  and  commer-
  cial lines insurance

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

  Section 1. Section 3425 of the insurance law is amended  by  adding  a
new subsection (a-1) to read as follows:
  (A-1)  AN  INSURER  OR  PRODUCER  SHALL, PRIOR TO THE TIME A POLICY OF
PERSONAL LINES INSURANCE IS SOLD OR  PURCHASED,  PROVIDE  THE  POTENTIAL
INSURED WITH A COPY OF THE POLICY AND ALLOW THE POTENTIAL INSURED SUFFI-
CIENT  TIME  TO  REVIEW SUCH POLICY. PERSONAL LINES INSURANCE SHALL HAVE
THE SAME MEANING AS PARAGRAPH TWO OF SUBSECTION (A) OF THIS SECTION.
  S 2. Section 3426 of the insurance law is  amended  by  adding  a  new
subsection (a-1) to read as follows:
  (A-1)  AN  INSURER  OR  PRODUCER  SHALL, PRIOR TO THE TIME A POLICY OF
COMMERCIAL LINES INSURANCE THAT PROVIDES COVERAGE FOR LOSS OR DAMAGE  TO
REAL  PROPERTY,  PERSONAL  PROPERTY,  OR  OTHER  LIABILITIES FOR LOSS OR
DAMAGE TO PROPERTY IS SOLD OR PURCHASED, PROVIDE THE  POTENTIAL  INSURED
WITH  A  COPY  OF  THE POLICY AND ALLOW THE POTENTIAL INSURED SUFFICIENT
TIME TO REVIEW SUCH POLICY.
  S 3. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06319-01-5

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.