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NY S09403

Bill

Status

Introduced

3/10/2026

Primary Sponsor

Jamaal Bailey

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • 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

  • 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

  • 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

  • Maintains existing prohibitions on insurance producers advertising financial conditions of insurers without compliance requirements and on promoting unauthorized insurers

  • 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

Committee Referrals

Insurance3/10/2026

Full Bill Text

No bill text available