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 |
Senate Bill S7787
Vetoed By Governor2011-2012 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status Via A10784 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
2011-S7787 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10784
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §3420, add §5109-a, Ins L
2011-S7787 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7787 TITLE OF BILL: 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 PURPOSE: The purpose of this bill is to provide for increased SUM coverage and to allow the Superintendent of Financial Services to decertify providers of durable medical equipment from providing services under no-fault. SUMMARY OF PROVISIONS: This bill would change the required amount of supplementary uninsurediunderinsured motorist (SUM) coverage from a maximum amount that is the same as bodily injury to a minimum amount that is the same as bodily injury, In addition, this bill would automatically require the purchase of SUM coverage but also give the insured the option decline SUM coverage or to purchase lower amounts than the statutory minimum. The insurer or agent would be required to disclose to the insured what SUM coverage is and how much the insured may purchase. If the insured declines to purchase SUM coverage, he or she must acknowledge the declination in writing. In addition, this bill would allow the Superintendent, after notice
2011-S7787 (ACTIVE) - 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.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.