Bill
Bill > A00843
NY A00843
NY A00843Prohibits 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
01/11/2023
01/11/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the insurance law, in relation to prohibiting motor vehicle insurers from discriminating based on socioeconomic factors
AI Summary
This bill prohibits motor vehicle insurers from discriminating based on socioeconomic factors, such as age, marital status, sex, sexual orientation, educational background, employment status, income level, credit information, and real property ownership, when determining algorithms used to construct actuarial tables, coverage terms, premiums, and rates. The bill aims to ensure that these factors are not used to make distinctions or discriminate against individuals in the provision of motor vehicle insurance policies.
Committee Categories
Business and Industry
Sponsors (12)
Crystal Peoples-Stokes (D)*,
George Alvarez (D),
Khaleel Anderson (D),
Alicia Hyndman (D),
Anna Kelles (D),
Jen Lunsford (D),
Zohran Mamdani (D),
Amy Paulin (D),
Rebecca Seawright (D),
Jo Anne Simon (D),
Phil Steck (D),
Monica Wallace (D),
Last Action
referred to insurance (on 01/03/2024)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Insurance Regulation
Civil Rights, Minority Issues, and Civil Liberties
- ‐ Age Discrimination
- ‐ Gender, Identity and Sexual Orientation Discrimination
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A843 | 01/11/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A00843&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00843A | 12/22/2023 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A00843&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00843 | 01/11/2023 |
Loading...