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Assembly Bill A10987

2025-2026 Legislative Session

Imposes standards for certain examination services

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Current Bill Status - In Assembly Committee

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2025-A10987 (ACTIVE) - Details

See Senate Version of this Bill:
S9832
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §2103, Ins L

2025-A10987 (ACTIVE) - Summary

Imposes standards for certain examination services for insurance agents.

2025-A10987 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10987
 
                           I N  A S S E M B L Y
 
                              April 14, 2026
                                ___________
 
 Introduced by M. of A. HUNTER -- read once and referred to the Committee
   on Insurance
 
 AN ACT to amend the insurance law, in relation to imposing standards for
   certain examination services
 
   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 2103 of the insur-
 ance law, as amended by chapter 65 of the laws of 1998,  is  amended  to
 read as follows:
   (1) (A) The superintendent shall, in order to determine the competency
 of every individual applicant and of every proposed sub-licensee to have
 the  kind of license applied for, require such individual to submit to a
 personal written examination and to pass the same to the satisfaction of
 the superintendent. Such examination shall be held  at  such  times  and
 places  as  the  superintendent shall from time to time determine. Every
 individual applying to take any written examination shall, at  the  time
 of  applying  therefor, pay to the superintendent, or, at the discretion
 of the superintendent,  directly  to  any  organization  that  is  under
 contract  to  provide  examination  services,  an  examination fee of an
 amount which is the actual documented administrative cost of  conducting
 said qualifying examination as certified by the superintendent from time
 to  time. An examination fee represents an administrative expense and is
 not refundable. The superintendent may accept, in lieu of any such exam-
 ination, the result of any previous written examination,  given  by  the
 superintendent, which in [his] THEIR judgment is equivalent to the exam-
 ination for which it is substituted.
   (B)  ANY  ORGANIZATION  THAT  IS UNDER CONTRACT TO PROVIDE EXAMINATION
 SERVICES CONSISTENT WITH SUBPARAGRAPH (A) OF THIS PARAGRAPH SHALL DEVEL-
 OP, ADMINISTER, AND SCORE SUCH EXAMINATIONS IN ACCORDANCE WITH THE STAN-
 DARDS AND BEST PRACTICES DEVELOPED BY THE NATIONAL ASSOCIATION OF INSUR-
 ANCE COMMISSIONERS; PROVIDED, HOWEVER, IF THE  SUPERINTENDENT  ADOPTS  A
 REGULATION  IMPOSING  A  DIFFERENT  STANDARD,  SUCH  ORGANIZATION  UNDER
 CONTRACT TO PROVIDE EXAMINATION SERVICES SHALL COMPLY WITH SUCH  ADOPTED
 STANDARD.
   §  2.  This  act  shall take effect immediately and shall apply to all
 examinations conducted on or after such date.
 
              

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