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 Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

do you support this bill?

Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to insurance
Feb 25, 2011 referred to insurance

S3571 - Details

See Assembly Version of this Bill:
A2016
Current Committee:
Law Section:
Insurance
Versions Introduced in 2009-2010 Legislative Session:
S6289, A9452

S3571 - Summary

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

S3571 - Sponsor Memo

S3571 - 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

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.