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NY A00362

Bill

Official Source

Status

Introduced

1/8/2025

Primary Sponsor

David Weprin

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Directs the Superintendent of Financial Services to conduct a comprehensive study on title insurance premium rates in New York State

  • Requires a report to be issued to the governor and legislature within one year of the act's effective date

  • Study must analyze current title insurance premium rates in New York State

  • Report must identify steps that can be taken to reduce title insurance rates

  • Study must examine what service charges are regularly added to customers' bills for title services

Legislative Description

Authorizes the superintendent of financial services to conduct a study and make recommendations on title insurance premium rates in NYS.

Last Action

referred to insurance

1/7/2026

Committee Referrals

Insurance1/8/2025

Full Bill Text

No bill text available