Assembly Bill A4551

2017-2018 Legislative Session

Provides for a review of rating territory definitions for non-business automobile insurance policies

download bill text pdf

Sponsored By

Archive: Last Bill Status - Stricken

  • 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2017-A4551 (ACTIVE) - Details

Law Section:
Insurance Law
Laws Affected:
Amd §2307, Ins L
Versions Introduced in Other Legislative Sessions:
2013-2014: A822
2015-2016: A4153

2017-A4551 (ACTIVE) - Summary

Establishes as a distinct territory for purposes of rating private passenger nonbusiness automobile insurance policies, a certain city with a population between 19,040 and 25,000 which is geographically contiguous to a city with a population between 250,000 and 350,000; provides that the superintendent may require insurers to adjust existing or establish new territory definitions based on such review.

2017-A4551 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4551
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 3, 2017
                                ___________
 
 Introduced by M. of A. KEARNS -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law, in relation to providing for a review
   of  certain  existing  rating  territory  definitions for non-business
   automobile insurance policies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  2307 of the insurance law is amended by adding a
 new subsection (f) to read as follows:
   (F) (1) NOTWITHSTANDING ANY OTHER PROVISION OF LAW,  WITH  RESPECT  TO
 NON-BUSINESS  AUTOMOBILE  INSURANCE  POLICIES,  THE SUPERINTENDENT SHALL
 UNDERTAKE A THOROUGH REVIEW OF RATING  TERRITORY  DEFINITIONS  AND  RATE
 IMPLICATIONS  OF  CURRENT  TERRITORIAL DEFINITIONS IN USE IN THIS STATE,
 WITH PARTICULAR FOCUS ON CHANGING DEMOGRAPHICS,  BORDERLINE  ZIP  CODES,
 TERRITORIAL GROUPINGS, AND ALTERNATIVE APPROACHES TO ACHIEVING HOMOGENE-
 ITY.
   (2)  BASED  ON SUCH REVIEW, THE SUPERINTENDENT MAY REQUIRE INSURERS TO
 ADJUST EXISTING OR ESTABLISH NEW TERRITORY DEFINITIONS AND TO  USE  SUCH
 ADJUSTED OR NEW TERRITORIES IN RELATION TO SUCH POLICIES.
   (3)  WITH RESPECT TO SUCH REVIEW AND ANY REQUIREMENTS MADE PURSUANT TO
 THIS SECTION, THE SUPERINTENDENT SHALL FIRST  FOCUS  ON  CITIES  WITH  A
 POPULATION  OF  MORE  THAN NINETEEN THOUSAND FORTY BUT LESS THAN TWENTY-
 FIVE THOUSAND HAVING HAD A DECREASE IN TRAFFIC  DENSITY  AND  ACCIDENTS,
 WHICH  ARE  GEOGRAPHICALLY  CONTIGUOUS  WITH A CITY WITH A POPULATION OF
 MORE THAN TWO HUNDRED FIFTY THOUSAND BUT LESS THAN THREE  HUNDRED  FIFTY
 THOUSAND.
   (4)  THE  SUPERINTENDENT SHALL REPORT TO THE GOVERNOR AND THE LEGISLA-
 TURE ON SUCH REVIEW AND ACTIONS TAKEN PURSUANT TO THIS SUBSECTION.
   § 2. The review required by section one of this act shall be completed
 by July first in the year next succeeding the year  in  which  this  act
 shall  have  become  law, and the report required by section one of this
 act shall be submitted no later than December thirty-first in  the  year
 next succeeding the year in which this act shall have become law.
   § 3. This act shall take effect immediately.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.