assembly Bill A1916

2019-2020 Legislative Session

Relates to artificially deflating or otherwise lowering cost data used for adjusted claims

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Current Bill Status Via S1196 - Passed Senate & Assembly


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (9)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 26, 2019 returned to senate
passed assembly
ordered to third reading cal.57
substituted for a1916
Feb 26, 2019 substituted by s1196
Feb 21, 2019 advanced to third reading cal.57
Feb 11, 2019 reported
Feb 04, 2019 reported referred to codes
Jan 18, 2019 referred to insurance

A1916 (ACTIVE) - Details

See Senate Version of this Bill:
S1196
Law Section:
Insurance Law
Laws Affected:
Amd §2108, Ins L (as proposed in S.2746 and A.808)

A1916 (ACTIVE) - Summary

Relates to artificially deflating or otherwise lowering cost data used for adjusted claims, or using cost data that is not appropriate for the region of the state where the loss occurred.

A1916 (ACTIVE) - Bill Text download pdf


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

                                  1916

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                            January 18, 2019
                               ___________

Introduced  by M. of A. PERRY -- read once and referred to the Committee
  on Insurance

AN ACT to amend the insurance law, in relation to requiring out-of-state
  insurance adjusters employed to  appraise  in-state  property  damages
  arising from emergency situations to employ established rates used for
  appraisal by in-state insurance adjusters

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

  Section 1. Subsection (n) of section 2108 of  the  insurance  law,  as
amended  by  a  chapter  of  the laws of 2018 amending the insurance law
relating to  requiring  out-of-state  insurance  adjusters  employed  to
appraise  in-state property damages arising from emergency situations to
employ established rates used for appraisal by in-state insurance adjus-
ters, as proposed in legislative bills numbers S. 2746 and  A.  808,  is
amended to read as follows:
  (n)  Notwithstanding  the  provisions of this section, the superinten-
dent, in order to facilitate the settlement of  claims  under  insurance
contracts  involving widespread property losses arising out of a confla-
gration or catastrophe common to all such losses, may issue a  temporary
permit  for  a term not exceeding one hundred twenty days to any person,
whether he be a resident of this state or a non-resident, to act  as  an
independent  adjuster  on  behalf  of an authorized insurer or insurers,
provided any such insurer shall execute and file in the  office  of  the
superintendent  a  written  application  for  the  permit  in  the  form
prescribed by the superintendent, which application shall  contain  such
information  as  he  may require and shall certify that the person named
therein to be designated in the temporary permit is qualified by experi-
ence and training to adjust claims  arising  under  insurance  contracts
issued  by  any  insurer [and that such person shall adjust claims using
cost data appropriate for the region of the state where such  person  is
adjusting  claims].  The superintendent may in his discretion renew such

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

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