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NY S09403
Bill
Status
3/10/2026
Primary Sponsor
Jamaal Bailey
Click for details
AI Summary
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Eliminates the requirement that insurance agents and brokers include an insurer's full name and principal office location in all advertisements, public announcements, signs, pamphlets, circulars, and cards
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Amends New York Insurance Law Section 2122 by removing subsection (b), which previously mandated disclosure of the insurer's complete name and the city, town, or village of its U.S. principal office
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Makes technical corrections to cross-references in Sections 1101 and 2117 of the insurance law, updating paragraph citations from "paragraph two of subsection (a)" to "subsection (b)" to reflect the restructured section
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Maintains existing prohibitions on insurance producers advertising financial conditions of insurers without compliance requirements and on promoting unauthorized insurers
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Takes effect immediately upon passage
Legislative Description
Removes requirement for advertisements referring to an insurer to include the insurer's full name and principal office; makes technical corrections relating thereto.
Last Action
REFERRED TO INSURANCE
3/10/2026