Bill
Bill > S05126
NY S05126
NY S05126Repeals provisions relating to mandatory anti-arson applications for insurance coverage to insure any building against the peril of fire or explosion.
summary
Introduced
04/10/2019
04/10/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to repeal certain provisions of the insurance law relating to anti-arson applications The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill repeals the provisions of the insurance law relating to mandatory anti-arson applications for insurance coverage to insure any building against the peril of fire or explosion. Specifically, it repeals Section 3403 of the insurance law and requires the Superintendent of Financial Services to repeal all rules and regulations that implement this section. The bill is intended to remove the requirement for these anti-arson applications, which were previously mandated for building insurance against fire or explosion.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
REFERRED TO INSURANCE (on 01/08/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...