Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 26, 2012 |
print number 1027b |
Jan 26, 2012 |
amend and recommit to insurance |
Jan 04, 2012 |
referred to insurance |
Jun 24, 2011 |
recommitted to rules |
Jun 13, 2011 |
ordered to third reading cal.1148 |
Jun 11, 2011 |
committee discharged and committed to rules |
Mar 02, 2011 |
print number 1027a |
Mar 02, 2011 |
amend and recommit to insurance |
Jan 05, 2011 |
referred to insurance |
Senate Bill S1027
2011-2012 Legislative Session
Sponsored By
(D) Senate District
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
Actions
Votes
Bill Amendments
co-Sponsors
(D, WF) 46th Senate District
2011-S1027 - Details
- See Assembly Version of this Bill:
- A5215
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance
- Laws Affected:
- Amd §12, Chap 42 of 1996; amd §23, Chap 136 of 2008
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8110, A11486
2013-2014: S2338, A5312
2015-2016: S856, A6385
2017-2018: S3971, A7469
2011-S1027 - Sponsor Memo
BILL NUMBER: S1027 TITLE OF BILL : An act to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extending the effectiveness of certain stand-by powers of the New York property insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market PURPOSE OR GENERAL IDEA OF BILL : The purpose of this bill is to expand the charge of the Temporary Panel on Homeowners' Insurance coverage (the Panel) to devote particular attention to the market dynamics in the coastal homeowners' insurance market and to review federal legislation, in addition to state legislative activities regarding catastrophe related insurance coverages. SUMMARY OF SPECIFIC PROVISIONS : Section 1: Amends Chapter 136 of the Laws of 2008 to expand the charge of the Panel to include: A) reviewing federal legislative activities,
2011-S1027 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1027 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sens. KLEIN, BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on home- owners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extend- ing the effectiveness of certain stand-by powers of the New York prop- erty insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 12 of chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, as amended by chapter 136 of the laws of 2008, is amended to read as follows: (1) The superintendent of insurance is hereby directed to convene a special advisory panel on homeowners' insurance/catastrophe coverage, to examine and assess the problems affecting the availability and afforda- bility of homeowners' insurance in this state and the effect thereon created by any potential major weather catastrophe. The panel shall study and report on the following issues on or before November 30, [2009] 2010, and on an [annual] BIENNIAL basis thereafter: (a) a review of FEDERAL LEGISLATION AND other states' activities regarding catastrophe related coverage, including but not limited to an evaluation of the experience under the California Earthquake Authority and the Florida [Commission on Hurricane Loss Projection Methodology] HURRICANE CATASTROPHE FUND; (b) an evaluation of the effectiveness of any voluntary market assist- ance program in effect in New York WITH PARTICULAR ATTENTION DEVOTED TO MARKET DYNAMICS IN THE COASTAL HOMEOWNERS' INSURANCE MARKET;
co-Sponsors
(D, WF) 46th Senate District
(D, IP) Senate District
2011-S1027A - Details
- See Assembly Version of this Bill:
- A5215
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance
- Laws Affected:
- Amd §12, Chap 42 of 1996; amd §23, Chap 136 of 2008
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8110, A11486
2013-2014: S2338, A5312
2015-2016: S856, A6385
2017-2018: S3971, A7469
2011-S1027A - Sponsor Memo
BILL NUMBER:S1027A TITLE OF BILL: An act to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extending the effectiveness of certain stand-by powers of the New York property insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to expand the charge of the Temporary Panel on Homeowners' Insurance coverage (the Panel) to devote particular attention to the market dynamics in the coastal homeowners' insurance market and to review federal legislation, in addition to state legislative activities regarding catastrophe related insurance coverages. SUMMARY OF SPECIFIC PROVISIONS: Section 1: Amends Chapter 136 of the Laws of 2008 to expand the charge of the Panel to include: A) reviewing federal legislative activities, in addition to state legislative activities, related to catastrophe related insurance coverages, B)evaluating the effectiveness of the
2011-S1027A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1027--A 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sens. KLEIN, BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on home- owners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extend- ing the effectiveness of certain stand-by powers of the New York prop- erty insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 12 of chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, as amended by chapter 136 of the laws of 2008, is amended to read as follows: (1) The superintendent of insurance is hereby directed to convene a special advisory panel on homeowners' insurance/catastrophe coverage, to examine and assess the problems affecting the availability and afforda- bility of homeowners' insurance in this state and the effect thereon created by any potential major weather catastrophe. The panel shall study and report on the following issues on or before November 30, [2009] 2012, and on an [annual] BIENNIAL basis thereafter: (a) a review of FEDERAL LEGISLATION AND other states' activities regarding catastrophe related coverage, including but not limited to an evaluation of the experience under the California Earthquake Authority and the Florida [Commission on Hurricane Loss Projection Methodology] HURRICANE CATASTROPHE FUND; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
co-Sponsors
(D, WF) 46th Senate District
(D, IP) Senate District
2011-S1027B (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5215
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance
- Laws Affected:
- Amd §12, Chap 42 of 1996; amd §23, Chap 136 of 2008
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8110, A11486
2013-2014: S2338, A5312
2015-2016: S856, A6385
2017-2018: S3971, A7469
2011-S1027B (ACTIVE) - Sponsor Memo
BILL NUMBER:S1027B TITLE OF BILL: An act to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extending the effectiveness of certain stand-by powers of the New York property insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to expand the charge of the Temporary Panel on Homeowners' Insurance coverage (the Panel) to devote particular attention to the market dynamics in the coastal homeowners' insurance market and to review federal legislation, in addition to state legislative activities regarding catastrophe related insurance coverages. SUMMARY OF SPECIFIC PROVISIONS: Section 1: Amends Chapter 136 of the Laws of 2008 to expand the charge of the Panel to include: A) reviewing federal legislative activities, in addition to state legislative activities, related to catastrophe related insurance coverages, B)evaluating the effectiveness of the
2011-S1027B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1027--B 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sens. KLEIN, BRESLIN, SAVINO -- read twice and ordered printed, and when printed to be committed to the Committee on Insur- ance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- recommitted to the Committee on Insurance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on home- owners' insurance coverage, in relation to the special advisory panel on homeowners' insurance/catastrophe coverage; and to amend chapter 136 of the laws of 2008 amending the insurance law relating to extend- ing the effectiveness of certain stand-by powers of the New York prop- erty insurance underwriting association, in relation to the program designed to attract more competitors to the homeowners' insurance market THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 12 of chapter 42 of the laws of 1996 amending the insurance law relating to homeowners' insurance and a temporary panel on homeowners' insurance coverage, as amended by chapter 136 of the laws of 2008, is amended to read as follows: (1) The superintendent of [insurance] FINANCIAL SERVICES is hereby directed to convene a special advisory panel on homeowners' insurance/catastrophe coverage, to examine and assess the problems affecting the availability and affordability of homeowners' insurance in this state and the effect thereon created by any potential major weather catastrophe. The panel shall study and report on the following issues on or before November 30, [2009] 2013, and on an [annual] BIENNIAL basis thereafter: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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