Senate Bill S5214

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

download bill text pdf

Sponsored By

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

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2017-S5214 (ACTIVE) - Details

See Assembly Version of this Bill:
A3650
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3425, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1754, A1265
2011-2012: S1211, A992
2013-2014: S636, A1531
2015-2016: S3166, A4750
2019-2020: S2943, A2878
2021-2022: A4024
2023-2024: A2406

2017-S5214 (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-S5214 (ACTIVE) - Sponsor Memo

2017-S5214 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5214
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              March 16, 2017
                                ___________
 
 Introduced  by Sen. STAVISKY -- 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  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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