S T A T E O F N E W Y O R K
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10629
I N A S S E M B L Y
July 6, 2022
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Lunsford) --
read once and referred to the Committee on Insurance
AN ACT to amend the insurance law, in relation to paintless dent repair
rate filing
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subsection (a) of section 7903 of the insurance law, as
amended by chapter 409 of the laws of 2012, is amended to read as
follows:
(a) Notwithstanding any other provision of this chapter to the contra-
ry, the marketing, sale, offering for sale, issuance, making, proposing
to make and administration of service contracts by any provider, admin-
istrator or other person, shall be exempt from all other provisions of
this chapter. A provider may, but is not required to, appoint an admin-
istrator or other designee to be responsible for any or all of the
administration of service contracts and compliance with this article.
Notwithstanding any other provision of this article, a provider of a
service contract, as defined in paragraphs two and three of subsection
(k) of section seven thousand nine hundred two of this article, shall,
at least thirty days prior to the effective date of an initial provider
fee, or a change in a provider fee, file the amount of the provider fee
with the superintendent and such filing shall be open to public
inspection; and provided further that the provider fee shall not exceed
the amount filed; AND PROVIDED FURTHER THAT THE PROVISIONS OF THIS
SUBSECTION SHALL NOT APPLY TO CONTRACTS UNDER PARAGRAPH THREE OF
SUBSECTION (K) OF SECTION SEVEN THOUSAND NINE HUNDRED TWO OF THIS ARTI-
CLE. The requirement to file the amount of the provider fee with the
superintendent in this subsection shall not apply to fees set forth in
any agreement to which an authorized insurer is a party.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15494-01-2