Bill Texts: NY S05310 | 2025-2026 | General Assembly

Bill Title: Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.

Sponsorship: Slight Partisan Bill (Republican 4-2)

Status: (Engrossed - Dead) 2026-05-19 - referred to insurance [S05310 Detail]

Bill Drafts

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Introduced2025-02-20HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York S05310

Supplemental Documents

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No supplemental documents for New York S05310 currently on file.

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