senate Bill S7787

Vetoed By Governor
2011-2012 Legislative Session

Relates to limits on certain supplementary insurance

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A10784 - Vetoed by Governor


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

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Actions

view actions (10)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Dec 17, 2012 tabled
vetoed memo.179
Dec 05, 2012 delivered to governor
Jun 21, 2012 returned to assembly
passed senate
3rd reading cal.1426
substituted for s7787
Jun 21, 2012 substituted by a10784
Jun 20, 2012 ordered to third reading cal.1426
Jun 18, 2012 referred to rules

S7787 - Details

See Assembly Version of this Bill:
A10784
Law Section:
Insurance Law
Laws Affected:
Amd §3420, add §5109-a, Ins L

S7787 - Summary

Relates to limits on certain supplementary insurance; permits insured to refuse supplementary insurance; requires certain disclaimer; relates to payments to durable medical equipment providers.

S7787 - Sponsor Memo

S7787 - Bill Text download pdf

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

                                  7787

                            I N  S E N A T E

                              June 18, 2012
                               ___________

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

AN ACT to amend the insurance law, in  relation  to  limits  on  certain
  supplementary  insurance;  and  in  relation  to  payments  to durable
  medical equipment providers

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

  Section 1. Paragraph 2 of subsection (f) of section 3420 of the insur-
ance  law,  as separately amended by chapters 547 and 568 of the laws of
1997, is amended to read as follows:
  (2) (A) Any such policy shall[, at the option of  the  insured,  also]
provide  supplementary  uninsured/underinsured  motorists  insurance for
bodily injury[, in an amount up to] IN THE SAME  AMOUNT  AS  the  bodily
injury  liability insurance limits of coverage provided under such AUTO-
MOBILE INSURANCE policy[, subject to a  maximum  of  two  hundred  fifty
thousand  dollars  because of bodily injury to or death of one person in
any one accident and, subject to such limit for one person, up  to  five
hundred  thousand dollars because of bodily injury to or death of two or
more persons in any one accident, or a combined single limit  policy  of
five  hundred  thousand  dollars because of bodily injury to or death of
one or more persons in any one accident. Provided  however,  an  insurer
issuing  such  policy,  in lieu of offering to the insured the coverages
stated above, may provide supplementary uninsured/underinsured motorists
insurance for bodily injury, in  an  amount  up  to  the  bodily  injury
liability  insurance  limits  of  coverage  provided  under such policy,
subject to a maximum of one hundred thousand dollars because  of  bodily
injury  to  or  death  of one person in any one accident and, subject to
such limit for one person, up to three hundred thousand dollars  because
of bodily injury to or death of two or more persons in any one accident,
or  a  combined  single  limit  policy of three hundred thousand dollars
because of bodily injury to or death of one or more persons in  any  one
accident, if such insurer also makes available a personal umbrella poli-
cy  with  liability coverage limits up to at least five hundred thousand
dollars    which    also    provides    coverage    for    supplementary

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

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