Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 08, 2024 |
advanced to third reading |
May 07, 2024 |
2nd report cal. |
May 06, 2024 |
1st report cal.878 |
Jan 26, 2024 |
print number 4863a |
Jan 26, 2024 |
amend (t) and recommit to insurance |
Jan 03, 2024 |
referred to insurance |
Jun 10, 2023 |
committed to rules |
May 24, 2023 |
advanced to third reading |
May 23, 2023 |
2nd report cal. |
May 22, 2023 |
1st report cal.1186 |
Feb 16, 2023 |
referred to insurance |
Senate Bill S4863A
2023-2024 Legislative Session
Sponsored By
(D, WF) 56th Senate District
Current Bill Status - On Floor Calendar
- 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
Actions
Votes
Bill Amendments
co-Sponsors
(D) 23rd Senate District
2023-S4863 - Details
- See Assembly Version of this Bill:
- A5047
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §1101, Ins L
2023-S4863 - Sponsor Memo
BILL NUMBER: S4863 SPONSOR: COONEY TITLE OF BILL: An act to amend the insurance law, in relation to legal services insur- ance PURPOSE OR GENERAL IDEA OF BILL: The purpose of the bill is to enact legislation to recognize and codify the distinction between a traditional legal services insurance policy and a modern non-indemnity prepaid legal service plan to better serve New Yorkers who utilize such plans. SUMMARY OF PROVISIONS: Section 1 amends Article 11, Section 1113(29) of the Insurance Law to provide as follows: (29) "Legal services insurance" means insurance that pays or reimburses for specified legal services or specified legal expenses, in consider-
2023-S4863 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4863 2023-2024 Regular Sessions I N S E N A T E February 16, 2023 ___________ Introduced by Sen. COONEY -- 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 legal services insur- ance THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 29 of subsection (a) of section 1113 of the insurance law, as added by chapter 65 of the laws of 1998, is amended to read as follows: (29) "Legal services insurance" means insurance [providing legal services or reimbursement of the cost of legal services] THAT PAYS OR REIMBURSES FOR SPECIFIED LEGAL SERVICES OR SPECIFIED LEGAL EXPENSES, IN CONSIDERATION OF A SPECIFIED PAYMENT, REGARDLESS OF WHETHER THE PAYMENT IS MADE BY THE BENEFICIARIES INDIVIDUALLY OR BY A THIRD PERSON ON THEIR BEHALF. "LEGAL SERVICES INSURANCE" DOES NOT INCLUDE THE FURNISHING OF LEGAL ASSISTANCE TO MEMBERS, OR THEIR DEPENDENTS, BY AN ORGANIZATION, IN WHICH THE ORGANIZATION CONTRACTS DIRECTLY WITH INDEPENDENT ATTORNEYS FOR THE PROVISION OF LEGAL SERVICES, WHERE THE ORGANIZATION PAYS THE INDE- PENDENT ATTORNEY ONLY AN ADMINISTRATIVE FEE AND THE INDEPENDENT ATTORNEY RECEIVES NO ADDITIONAL PAYMENT OR REIMBURSEMENT FROM THE ORGANIZATION FOR SPECIFIED LEGAL SERVICES OR SPECIFIED LEGAL EXPENSES. § 2. This act shall take effect on the thirtieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08779-01-3
co-Sponsors
(D) 23rd Senate District
2023-S4863A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5047
- Law Section:
- Insurance Law
- Laws Affected:
- Amd §1101, Ins L
2023-S4863A (ACTIVE) - Sponsor Memo
BILL NUMBER: S4863A SPONSOR: COONEY TITLE OF BILL: An act to amend the insurance law, in relation to the sale of a non-in- demnity legal service plan PURPOSE OR GENERAL IDEA OF BILL: The purpose of the bill is to enact legislation to address treatment of modern non-indemnity prepaid legal service plan to better serve New Yorkers who utilize such plans. SUMMARY OF PROVISIONS: Section 1 amends Article 11, Section 1101(b) of the Insurance Law by adding subparagraph (9) to provide as follows: (9)(A) Notwithstanding the foregoing, the sale of a non-indemnity legal service plan shall not constitute doing an insurance business in this state.
2023-S4863A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4863--A 2023-2024 Regular Sessions I N S E N A T E February 16, 2023 ___________ Introduced by Sens. COONEY, SCARCELLA-SPANTON -- read twice and ordered printed, and when printed to be committed to the Committee on Insur- ance -- 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 committee AN ACT to amend the insurance law, in relation to the sale of a non-in- demnity legal service plan THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (b) of section 1101 of the insurance law is amended by adding a new paragraph 9 to read as follows: (9)(A) NOTWITHSTANDING THE FOREGOING, THE SALE OF A NON-INDEMNITY LEGAL SERVICE PLAN SHALL NOT CONSTITUTE DOING AN INSURANCE BUSINESS IN THIS STATE. (B) FOR PURPOSES OF THIS PARAGRAPH, A NON-INDEMNITY LEGAL SERVICE PLAN INCLUDES ANY PLAN, REGARDLESS OF THE BENEFITS, WHERE LEGAL SERVICES ARE AVAILABLE TO MEMBERS, OR THEIR DEPENDENTS, THROUGH AN ORGANIZATION THAT CONTRACTS DIRECTLY WITH INDEPENDENT ATTORNEYS FOR THE PROVISION OF THE LEGAL SERVICES AND THE ORGANIZATION PAYS THE INDEPENDENT ATTORNEY VIA A CAPITATED ARRANGEMENT AND THE INDEPENDENT ATTORNEY RECEIVES NO ADDI- TIONAL PAYMENT OR REIMBURSEMENT FROM THE ORGANIZATION FOR SPECIFIED LEGAL SERVICES OR SPECIFIED LEGAL EXPENSES. § 2. This act shall take effect on the thirtieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08779-02-4
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