S T A T E O F N E W Y O R K
________________________________________________________________________
362
2025-2026 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 8, 2025
___________
Introduced by M. of A. WEPRIN -- read once and referred to the Committee
on Insurance
AN ACT in relation to directing the superintendent of financial services
to conduct a study and issue a report regarding title insurance premi-
um rates
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. 1. The superintendent of financial services is hereby
authorized and directed to conduct a comprehensive study on title insur-
ance premium rates.
2. Within one year of the effective date of this act the superinten-
dent of financial services shall issue a report to the governor and the
legislature. Such study and report shall include but shall not be limit-
ed to:
a. an analysis of title insurance premium rates in New York state;
b. steps that can be taken to reduce such rates; and
c. what service charges are regularly added to customers' bills for
title services.
ยง 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01187-01-5