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Assembly Bill A6452

2011-2012 Legislative Session

Relates to boating liability insurance rates

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Archive: Last Bill Status - In Senate Committee Insurance Committee

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2011-A6452 (ACTIVE) - Details

See Senate Version of this Bill:
S7199
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add ยง2336-b, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A6341
2013-2014: S1644
2015-2016: S1662

2011-A6452 (ACTIVE) - 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.

2011-A6452 (ACTIVE) - Bill Text download pdf 

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

                                  6452

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                             March 17, 2011
                               ___________

Introduced by M. of A. GALEF, PAULIN, PHEFFER, SWEENEY, GIGLIO, SPANO --
  Multi-Sponsored  by  --  M. of A. COLTON, COOK, CROUCH, DUPREY, FINCH,
  GABRYSZAK, JORDAN, MAGEE,  MAYERSOHN,  McDONOUGH,  McENENY,  McKEVITT,
  J. MILLER,  MORELLE,  RAIA, RUSSELL, SALADINO, THIELE -- read once and
  referred 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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