- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S04081 Summary:
BILL NO | S04081 |
  | |
SAME AS | SAME AS A07110 |
  | |
SPONSOR | SKOUFIS |
  | |
COSPNSR | BRESLIN, SEWARD |
  | |
MLTSPNSR | |
  | |
Amd §6605, Ins L | |
  | |
Grants authority to assessment corporations to write specified kinds of standalone liability insurance. |
S04081 Actions:
BILL NO | S04081 | |||||||||||||||||||||||||||||||||||||||||||||||||
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02/27/2019 | REFERRED TO INSURANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
03/11/2019 | 1ST REPORT CAL.251 | |||||||||||||||||||||||||||||||||||||||||||||||||
03/12/2019 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
03/13/2019 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
03/14/2019 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
03/14/2019 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
03/14/2019 | referred to insurance | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | died in assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | REFERRED TO INSURANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/27/2020 | 1ST REPORT CAL.291 | |||||||||||||||||||||||||||||||||||||||||||||||||
01/28/2020 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
01/29/2020 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
03/10/2020 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
03/10/2020 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
03/10/2020 | referred to insurance | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | substituted for a7110 | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | ordered to third reading rules cal.235 | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
07/21/2020 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
12/11/2020 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
12/23/2020 | SIGNED CHAP.366 | |||||||||||||||||||||||||||||||||||||||||||||||||
12/23/2020 | APPROVAL MEMO.63 |
S04081 Committee Votes:
Go to topS04081 Floor Votes:
Yes
Abbate
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Solages
Yes
Abinanti
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Stec
Yes
Arroyo
Yes
Cusick
Yes
Glick
Yes
Malliotakis
Yes
Pretlow
Yes
Steck
Yes
Ashby
Yes
Cymbrowitz
Yes
Goodell
Yes
Manktelow
Yes
Quart
Yes
Stern
Yes
Aubry
Yes
Darling
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stirpe
Yes
Barclay
Yes
Davila
Yes
Griffin
Yes
McDonough
Yes
Ramos
Yes
Tague
Yes
Barnwell
Yes
De La Rosa
Yes
Gunther
Yes
McMahon
Yes
Reilly
Yes
Taylor
Yes
Barrett
Yes
DenDekker
Yes
Hawley
Yes
Mikulin
Yes
Reyes
Yes
Thiele
Yes
Barron
Yes
DeStefano
Yes
Hevesi
Yes
Miller B
ER
Richardson
Yes
Vanel
Yes
Benedetto
Yes
Dickens
Yes
Hunter
Yes
Miller MG
Yes
Rivera
Yes
Walczyk
Yes
Bichotte
Yes
Dilan
Yes
Hyndman
Yes
Miller ML
Yes
Rodriguez
Yes
Walker
Yes
Blake
Yes
Dinowitz
Yes
Jacobson
Yes
Montesano
Yes
Rosenthal D
Yes
Wallace
Yes
Blankenbush
Yes
DiPietro
Yes
Jaffee
Yes
Morinello
Yes
Rosenthal L
Yes
Walsh
Yes
Brabenec
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rozic
Yes
Weinstein
Yes
Braunstein
Yes
Eichenstein
Yes
Johns
Yes
Niou
Yes
Ryan
Yes
Weprin
Yes
Bronson
Yes
Englebright
Yes
Jones
Yes
Nolan
Yes
Salka
Yes
Williams
Yes
Buchwald
Yes
Epstein
Yes
Joyner
Yes
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Burke
Yes
Fahy
Yes
Kim
Yes
O'Donnell
Yes
Sayegh
Yes
Wright
Yes
Buttenschon
Yes
Fall
Yes
Kolb
Yes
Ortiz
ER
Schimminger
Yes
Zebrowski
Yes
Byrne
Yes
Fernandez
Yes
Lalor
Yes
Otis
Yes
Schmitt
Yes
Mr. Speaker
Yes
Byrnes
ER
Finch
Yes
Lavine
Yes
Palmesano
Yes
Seawright
Yes
Cahill
Yes
Fitzpatrick
Yes
Lawrence
Yes
Palumbo
Yes
Simon
Yes
Carroll
Yes
Friend
Yes
Lentol
Yes
Paulin
Yes
Simotas
Yes
Colton
Yes
Frontus
Yes
Lifton
Yes
Peoples-Stokes
Yes
Smith
Yes
Cook
Yes
Galef
Yes
LiPetri
Yes
Perry
Yes
Smullen
‡ Indicates voting via videoconference
S04081 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 4081 2019-2020 Regular Sessions IN SENATE February 27, 2019 ___________ Introduced by Sens. SKOUFIS, BRESLIN, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Insur- ance AN ACT to amend the insurance law, in relation to the organization of assessment corporations The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subsection (a) of section 6605 of 2 the insurance law, as added by chapter 137 of the laws of 1986, is 3 amended to read as follows: 4 An assessment corporation may be organized and licensed in the manner 5 prescribed in section six thousand six hundred three of this article and 6 may do, in addition to the kind of insurance specified in paragraph four 7 of subsection (a) of section one thousand one hundred thirteen of this 8 chapter, any one or more of the kinds of insurance specified in para- 9 graphs five, six, seven and eight of such subsection [solely in conjunc-10tion with fire insurance written under the same policy and covering the11same premises] and insurance against loss or damage to property caused 12 by aircraft or vehicles in compliance with the following prerequisites: 13 § 2. Subsection (b) of section 6605 of the insurance law, as amended 14 by chapter 379 of the laws of 2001, is amended to read as follows: 15 (b) Any licensed assessment corporation may amend its charter and be 16 licensed to do the kinds of insurance specified in paragraphs nine, 17 thirteen, fourteen and fifteen (except workers' compensation insurance) 18 of subsection (a) of section one thousand one hundred thirteen of this 19 chapter [solely in conjunction with fire insurance written under the20same policy and covering the same premises] and may be licensed to do 21 the kinds of insurance specified in paragraphs twelve, nineteen (exclud- 22 ing aircraft physical damage insurance) and twenty (inland marine only) 23 of such subsection. An assessment corporation licensed to write the 24 kinds of insurance specified in paragraphs thirteen and fourteen of EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06612-01-9S. 4081 2 1 subsection (a) of section one thousand one hundred thirteen of this 2 chapter is authorized to write personal or commercial umbrella liability 3 insurance or any other type of standalone liability insurance, excluding 4 automobile insurance. 5 § 3. Section 6605 of the insurance law is amended by adding a new 6 subsection (d) to read as follows: 7 (d) An assessment corporation licensed to write the kinds of insurance 8 specified in paragraphs thirteen and fourteen of subsection (a) of 9 section one thousand one hundred thirteen of this chapter is authorized 10 to write personal or commercial umbrella liability insurance or any 11 other type of standalone liability insurance, excluding automobile 12 insurance. Except as herein provided, the corporation must maintain an 13 additional surplus or fifty thousand dollars if the corporation writes 14 umbrella liability insurance. The additional surplus is not necessary if 15 the whole risk for this peril is reinsured in an insurance company 16 authorized to do business in this state, or in an accredited reinsurer, 17 as defined in subsection (a) of section one hundred seven of this chap- 18 ter. 19 § 4. This act shall take effect immediately.