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Senate Bill S2286

2015-2016 Legislative Session

Relates to prohibiting rate variations of over ten percent between counties within the city of New York for nonbusiness private passenger automobiles

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Archive: Last Bill Status - In Senate Committee Insurance Committee

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2015-S2286 (ACTIVE) - Details

Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2307, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1106
2011-2012: S1344
2013-2014: S409
2017-2018: S4201

2015-S2286 (ACTIVE) - Summary

Relates to prohibiting rate variations of over ten percent between counties within the city of New York for non-business private passenger automobiles.

2015-S2286 (ACTIVE) - Sponsor Memo

2015-S2286 (ACTIVE) - Bill Text download pdf 

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

                                  2286

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                            January 22, 2015
                               ___________

Introduced  by  Sen.  DILAN  -- 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 prohibiting  insurance
  rate  variations  of more than ten percent between counties within the
  city of New York for non-business private passenger automobiles

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

  Section  1.  Subsection  (a)  of  section 2307 of the insurance law is
amended to read as follows:
  (a) (1) No insurer or rate service organization  shall  use  a  rating
classification  or  territory  unless  it has been filed with the super-
intendent and either he OR SHE has approved  it,  or  ninety  days  have
elapsed  and he OR SHE has not disapproved it as unfairly discriminatory
or violative of public policy.
  (2) NOTWITHSTANDING ANY  OTHER  PROVISION  OF  LAW,  WITH  RESPECT  TO
NON-BUSINESS PRIVATE PASSENGER AUTOMOBILE INSURANCE POLICIES, NO INSURER
OR  RATE  SERVICE  ORGANIZATION  SHALL  USE,  APPLY FOR OR FILE WITH THE
SUPERINTENDENT FOR APPROVAL ANY RATES THAT APPLY TO  RATING  TERRITORIES
WITHIN THE CITY OF NEW YORK THAT PROVIDE FOR RATE VARIATIONS BETWEEN ANY
COUNTY WITHIN THE CITY OF NEW YORK OF MORE THAN TEN PERCENT.
  S  2.  This  act  shall take effect immediately and shall apply to all
policies of insurance altered, amended, issued or renewed  on  or  after
such effective date.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06833-01-5

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