senate Bill S7862

2013-2014 Legislative Session

Relates to ensuring proper payroll auditing of policies for workers' compensation insurance

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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

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 16, 2014 referred to rules

S7862 - Details

Current Committee:
Law Section:
Workers' Compensation Law
Laws Affected:
Amd §§54, 93, 95 & 131, Work Comp L

S7862 - Summary

Relates to ensuring proper payroll auditing of policies for workers' compensation insurance.

S7862 - Sponsor Memo

S7862 - Bill Text download pdf

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

                                  7862

                            I N  S E N A T E

                              June 16, 2014
                               ___________

Introduced by Sen. SAVINO -- (at request of the State Insurance Fund) --
  read  twice  and  ordered printed, and when printed to be committed to
  the Committee on Rules

AN ACT to amend the workers' compensation law, in relation  to  ensuring
  proper  payroll  auditing of policies for workers' compensation insur-
  ance

  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 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-payment  of  premiums  and  assessments,
such cancellation shall not be effective 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-
nership, then such notice may be so given to any of one of the partners,

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