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Senate Bill S9832

2025-2026 Legislative Session

Imposes standards for certain examination services

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Current Bill Status Via A10987 - Passed Senate

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2025-S9832 (ACTIVE) - Details

See Assembly Version of this Bill:
A10987
Law Section:
Insurance Law
Laws Affected:
Amd §2103, Ins L

2025-S9832 (ACTIVE) - Summary

Imposes standards for certain examination services for insurance agents.

2025-S9832 (ACTIVE) - Sponsor Memo

2025-S9832 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9832
 
                             I N  S E N A T E
 
                               April 7, 2026
                                ___________
 
 Introduced  by  Sen.  BAILEY -- 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 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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