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Assembly Bill A9761

Signed By Governor

2019-2020 Legislative Session

Relates to group policies for motor vehicles engaged in the business of carrying or transporting passengers for-hire

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Archive: Last Bill Status Via S8437 - Signed by Governor

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co-Sponsors

2019-A9761 - Details

Law Section:
Insurance Law
Laws Affected:
Add §3460, Ins L

2019-A9761 - Summary

Provides that every authorized insurer that issues or issues for delivery in this state a policy of commercial risk insurance insuring against losses or liabilities arising out of the ownership, operation, or use of a motor vehicle, shall establish a group fleet policy insuring against the losses or liabilities arising out of the ownership of motor vehicles engaged in the business of carrying or transporting passengers for-hire, having a seating capacity of not less than eight passengers.

2019-A9761 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9761
 
                           I N  A S S E M B L Y
 
                             February 10, 2020
                                ___________
 
 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  group  policies  for
   motor  vehicles  engaged  in  the business of carrying or transporting
   passengers for-hire
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  The insurance law is amended by adding a new section 3460
 to read as follows:
   § 3460. GROUP POLICY FOR MOTOR VEHICLES ENGAGED  IN  THE  BUSINESS  OF
 CARRYING  OR  TRANSPORTING  PASSENGERS  FOR-HIRE.  (A)  EVERY AUTHORIZED
 INSURER THAT ISSUES OR ISSUES FOR DELIVERY IN THIS  STATE  A  POLICY  OF
 COMMERCIAL RISK INSURANCE INSURING AGAINST LOSSES OR LIABILITIES ARISING
 OUT OF THE OWNERSHIP, OPERATION, OR USE OF A MOTOR VEHICLE, SHALL ESTAB-
 LISH  A  GROUP POLICY INSURING AGAINST THE LOSSES OR LIABILITIES ARISING
 OUT OF THE OWNERSHIP OF MOTOR VEHICLES ENGAGED IN THE BUSINESS OF CARRY-
 ING OR TRANSPORTING PASSENGERS FOR-HIRE, HAVING A  SEATING  CAPACITY  OF
 NOT  LESS THAN EIGHT PASSENGERS. SUCH GROUP POLICIES SHALL BE SUBJECT TO
 ALL LAWS, RULES AND REGULATIONS APPLICABLE  TO  POLICIES  OF  COMMERCIAL
 RISK INSURANCE INSURING AGAINST LOSSES OR LIABILITIES ARISING OUT OF THE
 OWNERSHIP,  OPERATION, OR USE OF A MOTOR VEHICLE ENGAGED IN THE BUSINESS
 OF CARRYING OR TRANSPORTING PASSENGERS FOR-HIRE, HAVING A SEATING CAPAC-
 ITY OF NOT LESS THAN EIGHT PASSENGERS,  INCLUDING  BUT  NOT  LIMITED  TO
 LAWS,   RULES  AND  REGULATIONS  ESTABLISHING  FINANCIAL  RESPONSIBILITY
 REQUIREMENTS.
   (B) THE POLICY MAY BE ISSUED TO:
   (1) ANY PERSON, FIRM, ASSOCIATION, CORPORATION OR OTHER  ENTITY  WHICH
 SHALL  BE DEEMED THE POLICYHOLDER, WHERE THE POLICY INSURES THE FOR-HIRE
 MOTOR VEHICLES OWNED BY SUCH PERSON, FIRM, ASSOCIATION,  CORPORATION  OR
 OTHER ENTITY; OR
   (2)  AN ASSOCIATION WHERE SUCH ASSOCIATION SHALL BE DEEMED THE POLICY-
 HOLDER; WHERE ALL THE ELIGIBLE MEMBERS OF THE ASSOCIATION HAVE  THE SAME
 PROFESSION,   TRADE,   OR  OCCUPATION,  AND  THE   ASSOCIATION HAS  BEEN
 ORGANIZED   AND   MAINTAINED   IN  GOOD  FAITH  FOR PURPOSES PRINCIPALLY
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

co-Sponsors

2019-A9761A (ACTIVE) - Details

Law Section:
Insurance Law
Laws Affected:
Add §3460, Ins L

2019-A9761A (ACTIVE) - Summary

Provides that every authorized insurer that issues or issues for delivery in this state a policy of commercial risk insurance insuring against losses or liabilities arising out of the ownership, operation, or use of a motor vehicle, shall establish a group fleet policy insuring against the losses or liabilities arising out of the ownership of motor vehicles engaged in the business of carrying or transporting passengers for-hire, having a seating capacity of not less than eight passengers.

2019-A9761A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9761--A
 
                           I N  A S S E M B L Y
 
                             February 10, 2020
                                ___________
 
 Introduced  by  M.  of  A.  PERRY, COOK, HYNDMAN, VANEL -- read once and
   referred to the Committee on Insurance -- reported and referred to the
   Committee on Codes --  committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT  to  amend  the insurance law, in relation to group policies for
   motor vehicles engaged in the business  of  carrying  or  transporting
   passengers for-hire
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The insurance law is amended by adding a new  section  3457
 to read as follows:
   §  3457. GROUP FLEET POLICY FOR MOTOR VEHICLES ENGAGED IN THE BUSINESS
 OF CARRYING OR TRANSPORTING PASSENGERS FOR-HIRE. (A) (I)  EVERY  AUTHOR-
 IZED  INSURER  THAT ISSUES OR ISSUES FOR DELIVERY IN THIS STATE A POLICY
 OF COMMERCIAL RISK INSURANCE  INSURING  AGAINST  LOSSES  OR  LIABILITIES
 ARISING  OUT  OF  THE  OWNERSHIP,  OPERATION, OR USE OF A MOTOR VEHICLE,
 SHALL ESTABLISH AND OFFER A GROUP  FLEET  POLICY  INSURING  AGAINST  THE
 LOSSES  OR  LIABILITIES  ARISING  OUT OF THE OWNERSHIP OF MOTOR VEHICLES
 ENGAGED IN THE BUSINESS OF CARRYING OR TRANSPORTING PASSENGERS FOR-HIRE,
 HAVING A SEATING CAPACITY OF NOT LESS THAN EIGHT PASSENGERS. SUCH  GROUP
 FLEET  POLICY  SHALL  PROVIDE COVERAGE FOR MORE THAN ONE VEHICLE THROUGH
 ONE POLICY. SUCH GROUP FLEET POLICIES SHALL  BE  SUBJECT  TO  ALL  LAWS,
 RULES  AND  REGULATIONS APPLICABLE TO POLICIES OF COMMERCIAL RISK INSUR-
 ANCE INSURING AGAINST LOSSES OR LIABILITIES ARISING OUT  OF  THE  OWNER-
 SHIP,  OPERATION,  OR  USE OF A MOTOR VEHICLE ENGAGED IN THE BUSINESS OF
 CARRYING OR TRANSPORTING PASSENGERS FOR-HIRE, HAVING A SEATING  CAPACITY
 OF  NOT  LESS  THAN EIGHT PASSENGERS, INCLUDING BUT NOT LIMITED TO LAWS,
 RULES AND REGULATIONS  ESTABLISHING  FINANCIAL  RESPONSIBILITY  REQUIRE-
 MENTS.
   (II)  FOR  THE  PURPOSE  OF THIS SECTION, A "GROUP FLEET POLICY" SHALL
 MEAN, A POLICY ISSUED BY AN AUTHORIZED INSURER IN  THIS  STATE  INSURING
 AGAINST  LOSSES  OR  LIABILITIES ARISING OUT OF OWNERSHIP, OPERATION, OR
 USE OF A MOTOR VEHICLE ENGAGED IN THE BUSINESS OF CARRYING OR TRANSPORT-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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