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NY A10952
Bill
Status
Introduced
8/17/2020
Primary Sponsor
Michael Cusick
Click for details
AI Summary
- Amends Insurance Law Section 2108(l)(1) to exclude independent adjusters from bonding requirements
- Eliminates the requirement for independent adjusters to file a $1,000 bond with the superintendent of financial services
- Maintains bonding requirements for all other types of adjusters and their sub-licensees
- Takes effect immediately upon enactment
Legislative Description
Removes certain bonding requirements for independent insurance adjusters.
Last Action
referred to insurance
8/17/2020
Committee Referrals
Insurance8/17/2020
Full Bill Text
No bill text available