STATE OF NEW YORK
________________________________________________________________________
7987
IN SENATE
March 16, 2018
___________
Introduced by Sen. SEWARD -- 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 using driving history
as a rating or underwriting factor for private passenger motor vehicle
insurance
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The insurance law is amended by adding a new section 2616
2 to read as follows:
3 § 2616. Verification of driving history. No insurer who utilizes an
4 applicant's driving history as a rating or underwriting factor for
5 private passenger motor vehicle insurance in the state shall bind a
6 policy of insurance, or accept a down payment for a policy, without
7 first verifying said applicant's driving history, as well as the driving
8 history of all named-drivers listed by the applicant on the private
9 passenger motor vehicle insurance application, through the use of a
10 reliable third party database.
11 § 2. This act shall take effect on the ninetieth day after it shall
12 have become a law and shall apply to policies issued, renewed or modi-
13 fied on or after such date. Effective immediately, any actions necessary
14 to implement the provisions of this act on its effective date are
15 authorized and directed to be completed on or before such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14892-01-8