Loading chat...

NY A01537

Bill

Status

Introduced

1/17/2023

Primary Sponsor

Kenneth Blankenbush

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Insurance Law Section 2336 to require motor vehicle liability, comprehensive, collision, and personal injury protection insurance rate schedules to include premium reductions for policyholders who complete the New York auto fraud prevention program

  • Premium reduction applies for a two-year period following successful completion of the fraud prevention course

  • Rate schedules must be submitted to the superintendent for approval

  • Takes effect January 1 following enactment and applies to all policies issued, renewed, modified, altered, or amended on or after that date

Legislative Description

Provides for insurance premium reductions for successful completion of a fraud prevention course, known as the New York auto fraud prevention program.

Last Action

referred to insurance

1/3/2024

Committee Referrals

Insurance1/17/2023

Full Bill Text

No bill text available