Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to insurance |
Jan 13, 2015 |
referred to insurance |
Senate Bill S1662
2015-2016 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Insurance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(D) Senate District
(D) Senate District
(D, IP) Senate District
2015-S1662 (ACTIVE) - Details
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance Law
- Laws Affected:
- Add §2336-b, Ins L
- Versions Introduced in Other Legislative Sessions:
-
2011-2012:
S7199
2013-2014: S1644
2015-S1662 (ACTIVE) - Summary
Relates to boating liability insurance rates; allows for a schedule of rates or rating plan for boat liability insurance submitted to the superintendent to provide for an actuarially appropriate reduction in premium charges for any insured who completed a boat safety course approved by the commissioner of parks, recreation and historic preservation.
2015-S1662 (ACTIVE) - Sponsor Memo
BILL NUMBER:S1662 TITLE OF BILL: An act to amend the insurance law, in relation to boating liability insurance rates PURPOSE: The purpose of this bill is to require that insurance carriers which are licensed to issue yacht or boating liability insurance in this state, grant actuarially appropriate rate reductions to any owner of a yacht or boat who has successfully completed a boating safety course that was approved by the Commissioner of Parks, Recreation and Historic Preservation. SUMMARY OF PROVISIONS: Section 1. Adds a new section 2336-b to the Insurance Law to require that any schedule of rates or rating plan for boat liability insurance submitted to the superintendent shall provide for an actuarially appropriate reduction in premium charges for anyone insured who has successfully completed a boating safety course which has been approved by the Commissioner of Parks, Recreation and Historic Preservation. This section shall not apply when attendance at a boating safety course is the result of any boating infraction. Section 2. Effective date. JUSTIFICATION: Currently, section 78-a of the Navigation Law
2015-S1662 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1662 2015-2016 Regular Sessions I N S E N A T E January 13, 2015 ___________ Introduced by Sens. CARLUCCI, AVELLA -- 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 boating liability insurance rates 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 2336-b to read as follows: S 2336-B. BOAT LIABILITY INSURANCE RATES; PREMIUM REDUCTIONS IN CERTAIN CASES. (A) ANY SCHEDULE OF RATES OR RATING PLAN FOR BOAT LIABIL- ITY INSURANCE SUBMITTED TO THE SUPERINTENDENT SHALL PROVIDE FOR AN ACTU- ARIALLY APPROPRIATE REDUCTION IN PREMIUM CHARGES FOR ANY INSURED WHO HAS SUCCESSFULLY COMPLETED A BOAT SAFETY COURSE WHICH HAS BEEN APPROVED BY THE COMMISSIONER OF PARKS, RECREATION AND HISTORIC PRESERVATION. THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO ATTENDANCE AT A COURSE PURSUANT TO SECTIONS FORTY-FIVE OR FORTY-NINE OF THE NAVIGATION LAW AS A RESULT OF ANY BOATING INFRACTION. (B) FOR THE PURPOSES OF THIS SECTION THE TERM BOAT SHALL MEAN ANY RESIDENTIAL OR PLEASURE VESSEL THAT IS NOT A CREW RACING SHELL AS DEFINED IN SECTION TWO OF THE NAVIGATION LAW. S 2. This act shall take effect immediately and shall apply to all policies and contracts issued, renewed, modified or altered on and after such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03095-01-5
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