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NY A03818
Bill
Status
1/30/2025
Primary Sponsor
David Weprin
Click for details
AI Summary
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Permits title insurance corporations and agents to engage in customary marketing activities aimed at acquainting customers with their services, provided the activities are not rewards for placing specific title insurance business
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Expressly allows advertising and sponsorships at market rates, promotional items, and consumables as permitted marketing activities
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Authorizes meals and beverages with customers when company representatives are present and title insurance business is discussed
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Permits providing continuing legal education course materials or instruction and making charitable contributions in the company's name
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Prohibits title insurance entities from providing vacations, trips, travel, gifts, gift cards, gift certificates, or other items of specific monetary value to present or prospective customers
Legislative Description
Permits any title insurance corporation or title insurance agent, or any other person acting for or on behalf of the title insurance corporation or title insurance agent, from undertaking any usual and customary marketing activity aimed at acquainting present and prospective customers with the advantages of using a particular title insurer or title insurance agent that are not intended for the purpose of a reward for the future placement of, or the past placement, of a particular piece of title insurance business; lays out such permitted practices.
Last Action
referred to insurance
1/7/2026