senate Bill S812

2013-2014 Legislative Session

Authorizes superintendent of insurance to conduct a study and make recommendations on title insurance premium rates in N.Y. state

download bill text pdf

Sponsored By

Archive: Last Bill Status -

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

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view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 09, 2013 referred to insurance

S812 - Details

See Assembly Version of this Bill:
Law Section:
Versions Introduced in Previous Legislative Sessions:
2011-2012: S3571, A2016, A2138
2009-2010: S6289, A3162, A9452

S812 - Summary

Authorizes superintendent of financial services to conduct study and make recommendations on title insurance premium rates in NYS.

S812 - Sponsor Memo

S812 - Bill Text download pdf

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


                       2013-2014 Regular Sessions

                            I N  S E N A T E


                             January 9, 2013

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

AN ACT in relation to directing the superintendent of financial services
  to conduct a study and issue a report regarding title insurance premi-
  um rates


  Section  1.  1.  The  superintendent  of  financial services is hereby
authorized and directed to conduct a comprehensive study on title insur-
ance premium rates.
  2. Within one year of the effective date of this act  the  superinten-
dent  of financial services shall issue a report to the governor and the
legislature. Such study and report shall include but shall not be limit-
ed to:
  a. an analysis of title insurance premium rates in New York state;
  b. steps that can be taken to reduce such rates; and
  c. what service charges are regularly added to  customers'  bills  for
title services.
  S 2. This act shall take effect immediately.

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


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