Joint – Senate Standing Committee on Health Chair: Senator Kemp Hannon and Senate Standing Committee on Insurance Chair: Senator James L. Seward Public Meeting: To examine the issues and challenges confronting New York State in its attempt to implement a State Heath Insurance Exchange Place: Room 124, Capitol Building, Albany, New York Time: 11:30 A.M. Contact: Caitlin McGowan (518) 455-2200 or Alison Cooper (518) 455-3131 Media Contact: Laura Brookmeyer (516) 739-1700 or Jeff Bishop (607) 432-5524 ORAL TESTIMONY BY INVITATION ONLY
ALBANY, NY May 3, 2011 – Senator James L. Seward joined forces today with King County District Attorney Charles Hynes, Senator Martin Golden and Assemblyman Joseph Morelle in support of reforming New York’s no-fault auto insurance laws.
New Yorkers now pay the fourth highest premiums in the nation for auto insurance, due in large part to an outdated system that is rife with fraud and abuse. In 2010, for the second consecutive year, no-fault fraud cost New Yorkers more than $200 million—this cost is a ‘Fraud Tax’ that is absorbed by all drivers across the state in the form of higher insurance premiums.
Senate Standing Committee on Insurance Chair: Senator James L. Seward Sponsors: Senator James L. Seward, Senator Martin Golden
Public Hearing: To examine ways to reduce the incidence of no-fault auto insurance fraud in New York Place: Senate Hearing Room, 250 Broadway, 19th Floor, New York, New York Time: 10:00 A.M. Contact: Alison Cooper (518) 455-3131 Media Contact: Jeff Bishop (Seward) (518) 455-3131 or John Quaglione (Golden) (718) 238-6044 ORAL TESTIMONY BY INVITATION ONLY
ALBANY, 06/09/11 – Chair of the Senate Standing Committee on Insurance Senator James L. Seward (R/C/I, Oneonta) and Chair of the Senate Standing Committee on Health Senator Kemp Hannon (R/C/I, Garden City) joined today to announce legislation (S.5652) has been filed in the senate that will establish a blueprint for the development and implementation of the Health Insurance Exchange in New York State, mandated by the federal Affordable Care Act (ACA).
ALBANY, 06/21/11 – The New York State Senate today passed legislation (S.5811) that will modernize the regulation of commercial insurance. The legislation, sponsored by the Chairman of the Senate Insurance Committee Senator James L. Seward (R/C/I – Oneonta), will exempt some large commercial insurance policyholders from certain state requirements.
“This legislation is a much needed step toward streamlining and modernizing insurance regulation in New York state,” said Senator Seward. “The changes will also keep premium dollars right here, helping bolster an already robust insurance job market.”
ONEONTA, 08/29/11 – State Senator James L. Seward (R/C/I-Oneonta) today applauded the efforts of Governor Cuomo and other state and local officials in continuing to keep residents informed of steps to take following Hurricane Irene. Below is a press release issued by the governor’s office which includes vital information in regard to property losses and insurance claims.
"The days following a natural disaster can be confusing and stressful, but it is important for those who have suffered property damage to file an insurance claim as quickly as possible to help protect their financial future," Governor Cuomo said.