senate Bill S3372

2013-2014 Legislative Session

Requires six months notice when cancelling the insurance policy of any small business

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

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to insurance
Feb 01, 2013 referred to insurance

S3372 - Details

Current Committee:
Law Section:
Insurance Law
Laws Affected:
Add ยง3114, Ins L
Versions Introduced in 2011-2012 Legislative Session:
S7339

S3372 - Summary

Requires six months notice when cancelling the insurance policy of any small business.

S3372 - Sponsor Memo

S3372 - Bill Text download pdf

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

                                  3372

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 1, 2013
                               ___________

Introduced  by  Sen. ADDABBO -- 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 requiring  six  months
  notice when cancelling the insurance policy of any small business

  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  3114
to read as follows:
  S  3114.  CANCELLATION OF SMALL BUSINESS POLICIES. 1. FOR THE PURPOSES
OF THIS SECTION, THE TERM  "SMALL  BUSINESS"  SHALL  MEAN  ANY  BUSINESS
ENTERPRISE RESIDING WITHIN THE STATE THAT HAS FIFTY EMPLOYEES OR LESS.
  2.  BEFORE THE POLICY OF INSURANCE OF ANY SMALL BUSINESS IS CANCELLED,
SUCH SMALL BUSINESS SHALL BE PROVIDED SIX MONTHS NOTICE.
  S 2. This act shall take effect on the one hundred twentieth day after
it shall have become a law. Effective immediately, the addition,  amend-
ment  and/or repeal of any rules or regulations necessary for the imple-
mentation of this act on its effective date are authorized to be made on
or before such date.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08325-01-3

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