Bill
Bill > A07352
NY A07352
NY A07352Extends provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association.
summary
Introduced
05/17/2023
05/17/2023
In Committee
05/30/2023
05/30/2023
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 extending provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association
AI Summary
This bill extends the provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association until June 30, 2026. It amends various sections of the insurance law to continue certain rate regulation, excess profit refund, and insurance coverage requirements for motor vehicle and other property/casualty insurance policies during this extended period. The bill also allows the New York property insurance underwriting association to continue offering broad form property coverage until June 30, 2028.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
substituted by s7189 (on 05/31/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A7352 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07352&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07352 |
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