STATE OF NEW YORK
________________________________________________________________________
1537
2023-2024 Regular Sessions
IN ASSEMBLY
January 17, 2023
___________
Introduced by M. of A. BLANKENBUSH, BRABENEC -- read once and referred
to the Committee on Insurance
AN ACT to amend the insurance law, in relation to providing premium
reductions for successful completion of a fraud prevention course
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 2336 of the insurance law is amended by adding a
2 new subsection (i) to read as follows:
3 (i) Any schedule of rates or rating plan for motor vehicle liability,
4 comprehensive, collision and personal injury protection coverages
5 submitted to the superintendent shall provide for an appropriate
6 reduction in premium charges for any insured for a period of two years
7 after successfully completing a fraud prevention course, known as the
8 New York auto fraud prevention program.
9 § 2. This act shall take effect on the first day of January next
10 succeeding the date on which it shall have become a law and shall apply
11 to all policies issued, renewed, modified, altered or amended on or
12 after such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05201-01-3