senate Bill S7268

2013-2014 Legislative Session

Relates to providing conditional renewal notices to policyholders

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Archive: Last Bill Status - In Committee


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

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 08, 2014 referred to labor

S7268 - Details

See Assembly Version of this Bill:
A9224
Current Committee:
Law Section:
Workers' Compensation Law
Laws Affected:
Amd ยง54, Work Comp L

S7268 - Summary

Relates to providing conditional renewal notices to policyholders.

S7268 - Sponsor Memo

S7268 - Bill Text download pdf

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

                                  7268

                            I N  S E N A T E

                               May 8, 2014
                               ___________

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

AN ACT to amend the workers' compensation law, in relation to  providing
  conditional renewal notices to policyholders

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

  Section 1. Subdivision 5 of section 54 of  the  workers'  compensation
law,  as  amended  by section 23 of part GG of chapter 57 of the laws of
2013, is amended to read as follows:
  5. Cancellation, CONDITIONAL  RENEWAL  and  termination  of  insurance
contracts.  No  contract  of  insurance  issued  by an insurance carrier
against liability arising under this chapter shall be  cancelled  within
the  time  limited  in such contract for its expiration unless notice is
given as required by this section.  When cancellation is due to non-pay-
ment of premiums and assessments, such cancellation shall not be  effec-
tive  until  at  least  ten  days after a notice of cancellation of such
contract, on a date specified in such notice,  shall  be  filed  in  the
office  of  the chair and also served on the employer. When cancellation
is due to any reason other than non-payment of premiums and assessments,
such cancellation shall not be effective  until  at  least  thirty  days
after  a notice of cancellation of such contract, on a date specified in
such notice, shall be filed in the office of the chair and  also  served
on the employer; provided, however, in either case, that if the employer
has  secured  insurance  with  another  insurance  carrier which becomes
effective prior to the expiration of the time stated in such notice, the
cancellation shall be effective as of the date of such  other  coverage.
No  insurer  shall refuse to renew any policy insuring against liability
arising under this chapter unless at least  thirty  days  prior  to  its
expiration notice of intention not to renew has been filed in the office
of the chair and also served on the employer.
  Such  notice  shall be served on the employer by delivering it to him,
her or it or by sending it by mail, by certified or  registered  letter,
return  receipt  requested, addressed to the employer at his, her or its
last known place of business; provided that, if the employer be a  part-

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

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