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Assembly Bill A3650

2017-2018 Legislative Session

Prohibits insurer from increasing auto insurance premiums upon renewal for persons 60 years of age or over solely on the ground of insureds' age

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Archive: Last Bill Status - In Assembly Committee

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2017-A3650 (ACTIVE) - Details

See Senate Version of this Bill:
S5214
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3425, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A1265, S1754
2011-2012: A992, S1211
2013-2014: A1531, S636
2015-2016: A4750, S3166
2019-2020: A2878, S2943
2021-2022: A4024
2023-2024: A2406
2025-2026: A1800

2017-A3650 (ACTIVE) - Summary

Prohibits insurer from increasing auto insurance premiums upon renewal for persons 60 years of age or over based solely on the ground of the insured's age.

2017-A3650 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3650
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2017
                                ___________
 
 Introduced  by  M.  of  A. COLTON, RIVERA, M. G. MILLER, CROUCH, JAFFEE,
   McDONOUGH, SALADINO -- Multi-Sponsored by -- M. of A. ABBATE,  HOOPER,
   SIMON -- read once and referred to the Committee on Insurance
 
 AN  ACT  to  amend  the  insurance  law,  in relation to prohibiting the
   increase of premiums or failure to renew automobile insurance policies
   for persons 60 years of age or over
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subsection  (i)  of  section 3425 of the insurance law is
 amended to read as follows:
   (i) (1) No insurer shall refuse to issue or  renew  a  covered  policy
 solely on the ground of the advanced age of the applicant or insured.
   (2)  WITH  RESPECT  TO AUTOMOBILE INSURANCE POLICIES, NO INSURER SHALL
 INCREASE THE PREMIUM BILLED TO AN INSURED WHO IS SIXTY YEARS OF  AGE  OR
 OVER  FOR  THE RENEWAL OF AN EXISTING POLICY SOLELY ON THE GROUND OF THE
 AGE OF THE INSURED.
   § 2. This act shall take effect on the first of January next  succeed-
 ing  the  date  on  which  it shall have become a law and shall apply to
 renewals of policies issued on and after such date.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04982-01-7

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