Bill > S10019

This bill amends the insurance law to prohibit insurance companies from raising auto insurance premiums for individuals aged 60 and over solely because of their age when renewing an existing policy, and also prevents insurers from refusing to issue or renew a covered policy based solely on the advanced age of the applicant or insured. This change aims to protect older drivers from age-based premium increases and policy denials, with the new provisions taking effect on January 1st of the year following the bill's enactment and applying to policy renewals issued on or after that date.