Bill > S05239

This bill amends the New York insurance law to explicitly permit insurers to offer loss prevention programs that involve points-based rewards for safe driving, as long as such programs are made available to both the general public and the insurer's policyholders. Specifically, the bill adds language to Section 2324 of the insurance law, which traditionally prohibits insurers from providing special advantages or inducements to policyholders. The new provision creates an exception to these existing anti-rebating rules, allowing insurers to develop and implement driving behavior incentive programs without fear of legal repercussions. The bill maintains the core intent of preventing unfair insurance practices while providing flexibility for insurers to promote safer driving through rewards-based programs. The language change is relatively narrow, focusing specifically on points-based loss prevention initiatives that are universally accessible, and the bill will take effect immediately upon passage.

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https://www.nysenate.gov/legislation/bills/2025/S5239