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Bill > S07924


NY S07924

NY S07924
Prohibits insurers from refusing to issue or renew, cancel, or charge or impose an increased premium for homeowners' insurance policies based on the breed of a dog owned.


summary

Introduced
03/03/2020
In Committee
03/03/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

AN ACT to amend the insurance law, in relation to prohibiting insurers from canceling, refusing to issue or renew, or charging higher premiums for homeowners' insurance based on the breed of dog owned

AI Summary

This bill prohibits insurers from refusing to issue or renew, canceling, or charging or imposing an increased premium for homeowners' insurance policies based solely on the breed of dog owned. However, the bill does allow insurers to refuse to issue or renew, or to impose a reasonably increased premium for a policy based on a dog being designated as a "dangerous dog" under state law, as long as it is based on sound underwriting and actuarial principles related to actual or anticipated loss experience.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Senate Insurance Committee Hearing (10:00 7/20/2020 Virtual) (on 07/20/2020)

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