Assembly Bill A7546A

Vetoed By Governor
2013-2014 Legislative Session

Provides that wireless communications equipment insurance policies shall not be subject to rules providing for producer compensation transparency

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Archive: Last Bill Status - Vetoed by Governor

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

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Bill Amendments

2013-A7546 - Details

See Senate Version of this Bill:
S5550
Law Section:
Insurance Law
Laws Affected:
Amd §3449, Ins L

2013-A7546 - Summary

Provides that wireless communications equipment insurance policies shall not be subject to rules providing for producer compensation transparency.

2013-A7546 - Bill Text download pdf 

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

                                  7546

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              May 23, 2013
                               ___________

Introduced  by  M.  of  A.  BRAUNSTEIN  -- read once and referred to the
  Committee on Insurance

AN ACT to amend the insurance law, in relation to  certain  policies  of
  wireless communications

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

  Section 1. Subsection (e) of section 3449 of  the  insurance  law,  as
added by chapter 426 of the laws of 2005, is amended to read as follows:
  (e)  The  superintendent may promulgate regulations regarding policies
of wireless  communications  equipment  insurance,  including,  but  not
limited  to,  regulations governing policy terms and conditions, and may
establish other reasonable  limitations,  PROVIDED,  HOWEVER,  THAT  THE
PROVISIONS  OF  11 NYCRR 30 REGARDING PRODUCER COMPENSATION TRANSPARENCY
SHALL NOT APPLY TO SUCH POLICIES.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10654-01-3

2013-A7546A (ACTIVE) - Details

See Senate Version of this Bill:
S5550
Law Section:
Insurance Law
Laws Affected:
Amd §3449, Ins L

2013-A7546A (ACTIVE) - Summary

Provides that wireless communications equipment insurance policies shall not be subject to rules providing for producer compensation transparency.

2013-A7546A (ACTIVE) - Bill Text download pdf 

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

                                 7546--A

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                              May 23, 2013
                               ___________

Introduced  by  M.  of  A.  BRAUNSTEIN  -- read once and referred to the
  Committee on Insurance -- reported and referred to  the  Committee  on
  Rules  --  Rules Committee discharged, bill amended, ordered reprinted
  as amended and recommitted to the Committee on Rules

AN ACT to amend the insurance law,  in  relation  to  wireless  communi-
  cations equipment insurance policies

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

  Section 1. Subsection (e) of section 3449 of  the  insurance  law,  as
added by chapter 426 of the laws of 2005, is amended to read as follows:
  (e)  The  superintendent may promulgate regulations regarding policies
of wireless  communications  equipment  insurance,  including,  but  not
limited  to,  regulations governing policy terms and conditions, and may
establish other reasonable  limitations;  PROVIDED,  HOWEVER,  THAT  THE
PROVISIONS  OF  PART THIRTY OF TITLE ELEVEN OF THE NEW YORK STATE CODES,
RULES AND REGULATIONS, RELATING TO PRODUCER  COMPENSATION  TRANSPARENCY,
SHALL NOT APPLY TO SUCH POLICIES.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10654-02-3

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