Senate Bill S1468

2023-2024 Legislative Session

Relates to licensing of independent insurance adjusters

download bill text pdf

Sponsored By

Current Bill Status - In Assembly 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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2023-S1468 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2108, Ins L
Versions Introduced in Other Legislative Sessions:
2017-2018: S6954
2019-2020: S3636
2021-2022: S3579

2023-S1468 (ACTIVE) - Summary

Relates to licensing of independent insurance adjusters by waiving requirements regarding a written examination if the applicant holds a claim certification from a national or state-based claims association.

2023-S1468 (ACTIVE) - Sponsor Memo

2023-S1468 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1468
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 12, 2023
                                ___________
 
 Introduced  by  Sen. BRESLIN -- 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 licensing of independ-
   ent adjusters
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Paragraph 1 of subsection (f) of section 2108 of the insur-
 ance law is amended to read as follows:
   (1)  The  superintendent shall, in order to determine the trustworthi-
 ness and competency to act as an independent adjuster of each individual
 applicant for such license, and of each proposed sub-licensee, except in
 the case of a renewal license, require every such individual to take and
 pass, to the satisfaction of  the  superintendent,  a  personal  written
 examination. The superintendent may prescribe the types of written exam-
 inations according to the kind or kinds of insurance claims [which] THAT
 the  applicant  is  to  be licensed to investigate and adjust.  THE EXAM
 REQUIREMENT SHALL BE WAIVED FOR INDIVIDUALS  HOLDING  A  CLAIMS  CERTIF-
 ICATION  ISSUED  BY A NATIONAL OR  STATE-BASED CLAIMS ASSOCIATION WITH A
 CERTIFICATION PROGRAM THAT CONSISTS OF AT LEAST  FORTY HOURS OF PRE-EXAM
 COURSEWORK, A PROCTORED EXAM OF SUFFICIENT LENGTH TO  ADEQUATELY  DETER-
 MINE THE COMPETENCY OF THE INDIVIDUAL, AND TWENTY-FOUR HOURS OF CONTINU-
 ING  EDUCATION REQUIRED FOR  CERTIFICATION RENEWALS ON A BIENNIAL BASIS,
 SUBJECT TO THE APPROVAL OF THE SUPERINTENDENT.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00668-01-3

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