Senate Bill S2091

2013-2014 Legislative Session

Relates to rate filings for title insurance

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Insurance Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-S2091 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2305, Ins L

2013-S2091 (ACTIVE) - Summary

Relates to rate filings for title insurance.

2013-S2091 (ACTIVE) - Sponsor Memo

2013-S2091 (ACTIVE) - Bill Text download pdf 

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

                                  2091

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 10, 2013
                               ___________

Introduced  by Sen. GALLIVAN -- 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 rate filings

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

  Section  1.  Subsection  (b)  of section 2305 of the insurance law, as
amended by chapter 11 of the laws of 2008, paragraph 13  as  amended  by
chapter 136 of the laws of 2008, is amended to read as follows:
  (b) rate filings for:
  (1) workers' compensation insurance;
  (2)  motor  vehicle  insurance,  or  surety bonds, required by section
three hundred seventy of the vehicle and traffic law;
  (3) joint underwriting;
  (4) motor vehicle assigned risk insurance;
  (5) insurance issued by the New York Property  Insurance  Underwriting
Association;
  (6)  risk  sharing  plans  authorized  by  section  two thousand three
hundred eighteen of this article;
  (7) [title insurance;
  (8)] medical malpractice liability insurance;
  [(9)] (8) insurance issued by the Medical Malpractice Insurance  Asso-
ciation;
  [(10)] (9) mortgage guaranty insurance;
  [(11)] (10) credit property insurance, as defined in section two thou-
sand three hundred forty of this article; and
  [(12)] (11) gap insurance
  [(13)] (12) Private passenger automobile insurance, except as provided
in section two thousand three hundred fifty of this article.
shall  be  filed  with the superintendent and shall not become effective
unless either the filing has been approved or  thirty  days,  which  the
superintendent  may with cause extend an additional thirty days and with

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02101-01-3

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