NY A03321 | 2025-2026 | General Assembly

Status

Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on January 27 2025 - 25% progression, died in committee
Action: 2026-01-07 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the New York automobile insurance fraud and premium reduction act; provides that this act is aimed at reducing insurance fraud and thus lowering the cost of insurance premiums; provides a provision for compensation to a person that reports insurance fraud to the authorities; further provides that this act also increases the penalty for insurance fraud; appropriates $3,100,000 therefor.

Tracking Information

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Title

Enacts the New York automobile insurance fraud and premium reduction act; provides that this act is aimed at reducing insurance fraud and thus lowering the cost of insurance premiums; provides a provision for compensation to a person that reports insurance fraud to the authorities; further provides that this act also increases the penalty for insurance fraud; appropriates $3,100,000 therefor.

Sponsors


History

DateChamberAction
2026-01-07Assemblyreferred to insurance
2025-01-27Assemblyreferred to insurance

New York State Sources


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