Senate Bill S4155A

2021-2022 Legislative Session

Relates to commuter van, ambulette or paratransit vehicles classification review

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A4535 - Passed Senate


  • 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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Actions
Votes

Bill Amendments

co-Sponsors

2021-S4155 - Details

See Assembly Version of this Bill:
A4535
Law Section:
Insurance Law
Laws Affected:
Add §346, Ins L
Versions Introduced in 2019-2020 Legislative Session:
S8486, A9764

2021-S4155 - Summary

Requires the superintendent of financial services to conduct a review of the classification used by authorized insurers in this state issuing auto insurance coverage for commuter vans, ambulette or paratransit vehicles, including coverage in the assigned risk plan; makes related provisions.

2021-S4155 - Sponsor Memo

2021-S4155 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4155
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 2, 2021
                                ___________
 
 Introduced  by  Sen.  COMRIE -- 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 commuter  van  classi-
   fication review
 
   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 346 to
 read as follows:
   § 346. COMMUTER VAN CLASSIFICATION REVIEW. (A)  FOR  THE  PURPOSES  OF
 THIS SECTION:
   (1) "COMMUTER VAN" SHALL HAVE THE SAME MEANING AS SUCH TERM IS DEFINED
 IN SECTION 19-502 OF THE ADMINISTRATIVE CODE OF THE CITY OF NEW YORK.
   (2)  "ASSIGNED  RISK  PLAN"  OR "PLAN" SHALL MEAN THE PLAN ESTABLISHED
 PURSUANT TO ARTICLE FIFTY-THREE OF THIS CHAPTER.
   (B) THE SUPERINTENDENT SHALL CONDUCT A REVIEW  OF  THE  CLASSIFICATION
 USED  BY AUTHORIZED INSURERS IN THIS STATE ISSUING AUTO INSURANCE COVER-
 AGE FOR COMMUTER VANS, INCLUDING COVERAGE IN  THE  ASSIGNED  RISK  PLAN.
 THIS  REVIEW  SHALL  INCLUDE DETERMINATIONS OF WHETHER COMMUTER VANS ARE
 PROPERLY CLASSIFIED, INCLUDING A REVIEW OF:
   (1) WHETHER THE ASSUMED RISKS USED IN THE CALCULATION OF PREMIUMS  FOR
 COMMUTER VANS BY AUTHORIZED INSURERS ARE APPROPRIATE;
   (2) WHETHER THE CURRENT CLASSIFICATION AND RISK ASSESSMENT OF COMMUTER
 VANS  BY  AUTHORIZED  INSURERS IS THE MOST COST EFFECTIVE CLASSIFICATION
 BASED ON THE ASSUMED RISKS, IF ANOTHER CLASSIFICATION COULD BE MORE COST
 EFFECTIVE, AND A DETAILED ANALYSIS OF THE REASON OR   REASONS  FOR  SUCH
 DIFFERENCES IN COSTS AND THE AVERAGE AMOUNT OF DIFFERENCE IN COSTS; AND
   (3)  THE COST DIFFERENTIAL BETWEEN THE PREMIUM FOR BEING CLASSIFIED AS
 "OTHER BUSES" BY AUTHORIZED INSURERS, AND THE PREMIUM FOR BEING  CLASSI-
 FIED  AS  A COMMUTER VAN WHERE SUCH PREMIUM IS BASED SOLELY ON THE RISKS
 SPECIFIC TO COMMUTER VANS IN SUCH PLAN.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07811-01-1
              

co-Sponsors

2021-S4155A (ACTIVE) - Details

See Assembly Version of this Bill:
A4535
Law Section:
Insurance Law
Laws Affected:
Add §346, Ins L
Versions Introduced in 2019-2020 Legislative Session:
S8486, A9764

2021-S4155A (ACTIVE) - Summary

Requires the superintendent of financial services to conduct a review of the classification used by authorized insurers in this state issuing auto insurance coverage for commuter vans, ambulette or paratransit vehicles, including coverage in the assigned risk plan; makes related provisions.

2021-S4155A (ACTIVE) - Sponsor Memo

2021-S4155A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4155--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 2, 2021
                                ___________
 
 Introduced by Sens. COMRIE, JACKSON, LIU, MYRIE, PARKER, SANDERS -- read
   twice  and  ordered  printed,  and when printed to be committed to the
   Committee on Insurance -- recommitted to the Committee on Insurance in
   accordance with Senate Rule 6, sec. 8 --  committee  discharged,  bill
   amended,  ordered reprinted as amended and recommitted to said commit-
   tee
 
 AN ACT to amend the insurance law, in relation to commuter van and ambu-
   lette or paratransit vehicles classification review
 
   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 346 to
 read as follows:
   §  346. COMMUTER VAN AND AMBULETTE OR PARATRANSIT VEHICLES CLASSIFICA-
 TION REVIEW. (A) FOR THE PURPOSES OF THIS SECTION:
   (1) "COMMUTER VAN" SHALL HAVE THE SAME MEANING AS SUCH TERM IS DEFINED
 IN SECTION 19-502 OF THE ADMINISTRATIVE CODE OF THE CITY  OF  NEW  YORK.
 (2)  "AMBULETTE  OR  PARATRANSIT  VEHICLE"  SHALL MEAN A SPECIAL-PURPOSE
 VEHICLE, DESIGNED AND EQUIPPED TO PROVIDE NON-EMERGENCY TRANSPORT,  THAT
 HAS  WHEELCHAIR-CARRYING  CAPACITY,  STRETCHER-CARRYING CAPACITY, OR THE
 ABILITY TO CARRY DISABLED INDIVIDUALS.
   (3) "ASSIGNED RISK PLAN" OR "PLAN" SHALL  MEAN  THE  PLAN  ESTABLISHED
 PURSUANT TO ARTICLE FIFTY-THREE OF THIS CHAPTER.
   (B)  THE  SUPERINTENDENT  SHALL CONDUCT A REVIEW OF THE CLASSIFICATION
 USED BY AUTHORIZED INSURERS IN THIS STATE ISSUING AUTO INSURANCE  COVER-
 AGE  FOR  COMMUTER VANS AND AMBULETTE OR PARATRANSIT VEHICLES, INCLUDING
 COVERAGE IN THE ASSIGNED RISK PLAN. THIS REVIEW SHALL  INCLUDE  DETERMI-
 NATIONS  OF  WHETHER COMMUTER VANS AND AMBULETTE OR PARATRANSIT VEHICLES
 ARE PROPERLY CLASSIFIED, INCLUDING A REVIEW OF:
   (1) WHETHER THE ASSUMED RISKS USED IN THE CALCULATION OF PREMIUMS  FOR
 COMMUTER VANS AND AMBULETTE OR PARATRANSIT VEHICLES BY AUTHORIZED INSUR-
 ERS ARE APPROPRIATE;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07811-02-2
              

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