Bill
Bill > S07667
NY S07667
NY S07667Prohibits motor vehicle insurers from discrimination on the basis of socioeconomic factors in determining algorithms used to construct actuarial tables, coverage terms, premiums and/or rates.
summary
Introduced
02/05/2020
02/05/2020
In Committee
02/05/2020
02/05/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
Prohibits motor vehicle insurers from discrimination on the basis of socioeconomic factors in determining algorithms used to construct actuarial tables, coverage terms, premiums and/or rates.
AI Summary
This bill prohibits motor vehicle insurers from using certain socioeconomic factors, such as age, marital status, sex, sexual orientation, educational background, employment status, income level, credit information, and property ownership, when determining algorithms for actuarial tables, coverage terms, premiums, or rates. The bill aims to prevent discrimination based on these socioeconomic factors in the insurance industry.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
REFERRED TO INSURANCE (on 02/05/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://assembly.state.ny.us/leg/?default_fld=&bn=S07667&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y | 02/06/2020 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S07667&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07667 | 02/06/2020 |
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