senate Bill S7199

2011-2012 Legislative Session

Relates to boating liability insurance rates

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 01, 2012 referred to insurance

Co-Sponsors

S7199 - Details

See Assembly Version of this Bill:
A6452
Law Section:
Insurance Law
Laws Affected:
Add §2336-b, Ins L
Versions Introduced in 2009-2010 Legislative Session:
A6341A

S7199 - Summary

Relates to boating liability insurance rates; allows for a schedule of rates or rating plan for boat liability insurance submitted to the superintendent to provide for an actuarially appropriate reduction in premium charges for any insured who completed a boat safety course approved by the commissioner of parks, recreation and historic preservation.

S7199 - Sponsor Memo

S7199 - Bill Text download pdf

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

                                  7199

                            I N  S E N A T E

                               May 1, 2012
                               ___________

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

AN ACT to amend the insurance law,  in  relation  to  boating  liability
  insurance rates

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

  Section 1. The insurance law is amended by adding a new section 2336-b
to read as follows:
  S 2336-B.  BOAT  LIABILITY  INSURANCE  RATES;  PREMIUM  REDUCTIONS  IN
CERTAIN CASES. (A) ANY SCHEDULE OF RATES OR RATING PLAN FOR BOAT LIABIL-
ITY INSURANCE SUBMITTED TO THE SUPERINTENDENT SHALL PROVIDE FOR AN ACTU-
ARIALLY APPROPRIATE REDUCTION IN PREMIUM CHARGES FOR ANY INSURED WHO HAS
SUCCESSFULLY  COMPLETED  A BOAT SAFETY COURSE WHICH HAS BEEN APPROVED BY
THE COMMISSIONER OF PARKS, RECREATION  AND  HISTORIC  PRESERVATION.  THE
PROVISIONS  OF  THIS  SECTION  SHALL NOT APPLY TO ATTENDANCE AT A COURSE
PURSUANT TO SECTIONS FORTY-FIVE OR FORTY-NINE OF THE NAVIGATION LAW AS A
RESULT OF ANY BOATING INFRACTION.
  (B) FOR THE PURPOSES OF THIS SECTION THE  TERM  BOAT  SHALL  MEAN  ANY
RESIDENTIAL  OR  PLEASURE  VESSEL  THAT  IS  NOT  A CREW RACING SHELL AS
DEFINED IN SECTION TWO OF THE NAVIGATION LAW.
  S 2. This act shall take effect immediately and  shall  apply  to  all
policies and contracts issued, renewed, modified or altered on and after
such effective date.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09934-01-1

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