S02534 Summary:

BILL NOS02534
 
SAME ASSAME AS A06648
 
SPONSORCOMRIE
 
COSPNSR
 
MLTSPNSR
 
Amd §3425, Ins L
 
Prohibits cancellation, non-renewal or conditioning renewal of automobile insurance of a policyholder solely as a result of a dispute or a complaint pending against the insurer.
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S02534 Actions:

BILL NOS02534
 
01/23/2023REFERRED TO INSURANCE
01/03/2024REFERRED TO INSURANCE
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S02534 Committee Votes:

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S02534 Floor Votes:

There are no votes for this bill in this legislative session.
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S02534 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2534
 
                               2023-2024 Regular Sessions
 
                    IN SENATE
 
                                    January 23, 2023
                                       ___________
 
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Insurance
 
        AN ACT to amend the insurance law, in relation to prohibiting an insurer
          from cancelling or refusing to renew or condition its renewal of auto-
          mobile insurance policies in certain cases

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Section  3425 of the insurance law is amended by adding a
     2  new subsection (t) to read as follows:
     3    (t) No insurer shall cancel or refuse to renew  a  policy  covering  a
     4  private passenger automobile, or to condition its renewal upon change of
     5  limits  or elimination of any coverages solely on the basis that a claim
     6  filed by the insured with the insurer is in dispute, or that a complaint
     7  by the insured against the insurer resulting from the disputed claim  is
     8  pending with the department.
     9    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04329-01-3
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