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S09403 Summary:

BILL NOS09403A
 
SAME ASSAME AS A10611-A
 
SPONSORBAILEY
 
COSPNSR
 
MLTSPNSR
 
Amd §2122, Ins L
 
Provides that the requirement for advertisements referring to an insurer to include the insurer's full name and principal office shall not apply to digital advertisements.
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S09403 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         9403--A
            Cal. No. 706
 
                    IN SENATE
 
                                     March 10, 2026
                                       ___________
 
        Introduced  by  Sen.  BAILEY -- read twice and ordered printed, and when
          printed to be committed to the  Committee  on  Insurance  --  reported
          favorably  from  said  committee,  ordered to first and second report,
          ordered to a third reading, amended and ordered  reprinted,  retaining
          its place in the order of third reading

        AN ACT to amend the insurance law, in relation to digital advertisements
          of insurance agents and brokers
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subsection (b) of section 2122  of  the  insurance  law  is
     2  amended to read as follows:
     3    (b)  (1)  Every agent of any insurer and every insurance broker shall,
     4  in all advertisements, public announcements, signs, pamphlets, circulars
     5  and cards, which refer to an insurer, set forth therein the name in full
     6  of the insurer referred to and the name of the city, town or village  in
     7  which it has its principal office in the United States.
     8    (2)  This  subsection  shall not apply to digital advertisements.  For
     9  the purposes of this section, "digital advertisement" means any communi-
    10  cation  delivered  by electronic  means, including but  not  limited  to
    11  website,  text, email or chat room,  that  is intended  to  be  used for
    12  the purposes of marketing,  solicitation,  or dissemination  of informa-
    13  tion related, directly or indirectly, to goods or services  provided  by
    14  the digital advertiser or a third party.
    15    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15147-03-6
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