S05890 Summary:

BILL NOS05890
 
SAME ASSAME AS A08060
 
SPONSORO'MARA
 
COSPNSR
 
MLTSPNSR
 
Amd S2324, Ins L
 
Permits insurers to provide certain loss prevention and risk management devices to insureds and prospective insureds.
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S05890 Actions:

BILL NOS05890
 
06/10/2015REFERRED TO RULES
01/06/2016REFERRED TO INSURANCE
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S05890 Committee Votes:

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S05890 Floor Votes:

There are no votes for this bill in this legislative session.
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S05890 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5890
 
                               2015-2016 Regular Sessions
 
                    IN SENATE
 
                                      June 10, 2015
                                       ___________
 
        Introduced  by  Sen.  O'MARA -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
 
        AN ACT to amend the insurance law, in relation to permitting insurers to
          provide  certain  loss  prevention  and  risk  management  devices  to
          insureds and prospective insureds
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 2324 of the insurance law is amended  by  adding  a
     2  new subsection (d-1) to read as follows:
     3    (d-1)  Nothing in this section shall be deemed to prohibit an insurer,
     4  or a person acting in conjunction with, or on behalf of an insurer, from
     5  providing an insured, or a prospective insured, with loss  reduction  or
     6  safety  related  electronics,  equipment or devices or items, or special
     7  offers or other things of value or  incentives  designed  to  assist  an
     8  insured  under  a  policy in managing the risks they may face while they
     9  are an insured or in promoting driver safety for  prospective  insureds.
    10  In  carrying  out  the  provisions  of  this  subsection, an insurer may
    11  provide similar but  not  necessarily  identical  devices  or  items  to
    12  insureds and prospective insureds.
    13    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11475-01-5
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