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NY A10469
Bill
Status
5/27/2016
Primary Sponsor
Kevin Cahill
Click for details
AI Summary
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Amends Insurance Law Section 2101(g)(1)(B) to expand the definition of who may adjust insurance claims without a separate adjuster license.
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Permits officers, directors, regular salaried employees, and managers of health insurers and health maintenance organizations to adjust claims on behalf of municipal cooperative health benefit plans certified under Article 47 of the Insurance Law.
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Allows claim adjusting for municipal cooperative health benefit plans to occur within the same holding company system without requiring individual adjuster licensure.
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Takes effect immediately upon enactment.
Legislative Description
Provides that certain persons who adjust claims on behalf of municipal cooperative health benefit plans shall be considered adjusters.
Last Action
substituted by s7651
6/16/2016