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Bill > S07189


NY S07189

NY S07189
Extends provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association.


summary

Introduced
05/18/2023
In Committee
05/30/2023
Crossed Over
05/31/2023
Passed
06/26/2023
Dead
Signed/Enacted/Adopted
06/30/2023

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 also amends various sections of the insurance law to extend the expiration dates of certain provisions related to insurance rates, excess profits, and the availability of broad form coverage through the association. The bill aims to maintain these regulatory frameworks and ensure the continued provision of essential insurance coverage in New York.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

SIGNED CHAP.182 (on 06/30/2023)

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