S06954 Summary:

BILL NOS06954A
 
SAME ASSAME AS A10998-A
 
SPONSORSEWARD
 
COSPNSR
 
MLTSPNSR
 
Amd §2108, Ins L
 
Relates to licensing of independent insurance adjusters by waiving requirements regarding character references and a written examination if the applicant holds a claim certification from a national or state-based claims association.
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S06954 Actions:

BILL NOS06954A
 
11/27/2017REFERRED TO RULES
01/03/2018REFERRED TO INSURANCE
03/26/20181ST REPORT CAL.730
03/27/20182ND REPORT CAL.
03/28/2018ADVANCED TO THIRD READING
06/12/2018AMENDED ON THIRD READING 6954A
06/20/2018COMMITTED TO RULES
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S06954 Committee Votes:

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S06954 Floor Votes:

There are no votes for this bill in this legislative session.
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S06954 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         6954--A
            Cal. No. 730
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                    November 27, 2017
                                       ___________
 
        Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules  --  recommitted  to
          the Committee on Insurance in accordance with Senate Rule 6, sec. 8 --
          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 licensing of independ-
          ent adjusters
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph 5 of subsection (d) of section 2108 of the insur-
     2  ance law is amended to read as follows:
     3    (5) Such application shall be approved, as to each person or  individ-
     4  ual so signing the same, by not less than five reputable citizens of the
     5  community in which such applicant resides or transacts business, each of
     6  whom shall certify that he has personally known the person or individual
     7  for a period of at least five years prior to the filing of such applica-
     8  tion,  that he has read such application and believes each of the state-
     9  ments made therein to be true, that such person is honest, of good char-
    10  acter and competent, and not related  or  connected  to  the  person  so
    11  certifying  by  blood  or marriage. The certificate of approval shall be
    12  subscribed by such reputable citizens and affirmed by them as true under
    13  the penalties of perjury.  This requirement shall be waived for individ-
    14  uals holding a claims certification issued by a national or  state-based
    15  claims  association  with  a  certification  program that consists of at
    16  least forty hours of pre-exam coursework,  a  proctored  examination  of
    17  sufficient length to adequately determine the competency of the individ-
    18  ual,  and twenty-four hours of continuing education required for certif-
    19  ication renewals, subject to the approval of the superintendent.
    20    § 2. Paragraph 1 of subsection (f) of section 2108  of  the  insurance
    21  law is amended to read as follows:
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13794-04-8

        S. 6954--A                          2
 
     1    (1)  The  superintendent shall, in order to determine the trustworthi-
     2  ness and competency to act as an independent adjuster of each individual
     3  applicant for such license, and of each proposed sub-licensee, except in
     4  the case of a renewal license, require every such individual to take and
     5  pass,  to  the  satisfaction  of  the superintendent, a personal written
     6  examination. The superintendent may prescribe the types of written exam-
     7  inations according to the kind or kinds of insurance claims [which] that
     8  the applicant is to be licensed to investigate and  adjust.    The  exam
     9  requirement  shall  be  waived  for individuals holding a claims certif-
    10  ication issued by a national or  state-based claims association  with  a
    11  certification program that consists of at least  forty hours of pre-exam
    12  coursework,  a  proctored exam of sufficient length to adequately deter-
    13  mine the competency of the individual, and twenty-four hours of continu-
    14  ing education required for  certification renewals on a biennial  basis,
    15  subject to the approval of the superintendent.
    16    § 3. This act shall take effect immediately.
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