Bill > S05486

This bill introduces new regulations for automobile insurers and third-party developers using telematics systems, which are technologies that monitor and transmit data about vehicle and driver behavior. The bill requires insurers and telematics system vendors to provide the superintendent of insurance with detailed explanations of how their data models connect to risk assessment, publicly disclose their scoring methodologies, and report on testing to prevent discrimination against protected classes. Insurers must allow consumers to request and access their collected data in a readable format. The bill also prohibits using telematics data for purposes other than underwriting and rating decisions, and explicitly bars unfair discrimination based on characteristics such as race, color, national origin, religion, sex, sexual orientation, disability, and gender identity. Telematics vendors must file their models and algorithms with the superintendent, who is granted additional regulatory powers to create rules implementing these provisions. The legislation aims to increase transparency and fairness in how automobile insurance rates are determined using advanced tracking technologies. The bill will take effect 90 days after becoming law.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S5486