Bill Text: NY A01598 | 2015-2016 | General Assembly | Introduced
Bill Title: Relates to rate filings for homeowner's insurance policies.
Spectrum: Partisan Bill (Republican 6-0)
Status: (Introduced - Dead) 2016-05-10 - held for consideration in insurance [A01598 Detail]
Download: New_York-2015-A01598-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
1598
2015-2016 Regular Sessions
I N A S S E M B L Y
January 12, 2015
___________
Introduced by M. of A. MONTESANO, RAIA, FINCH, McDONOUGH, SALADINO --
Multi-Sponsored by -- M. of A. McKEVITT -- read once and referred to
the Committee on Insurance
AN ACT to amend the insurance law, in relation to rate filings for home-
owner's insurance policies
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Paragraphs 11, 12 and 13 of subsection (b) of section 2305
2 of the insurance law, paragraphs 11 and 12 as amended by chapter 11 of
3 the laws of 2008 and paragraph 13 as amended by chapter 136 of the laws
4 of 2008, are amended and a new paragraph 14 is added to read as follows:
5 (11) credit property insurance, as defined in section two thousand
6 three hundred forty of this article; [and]
7 (12) gap insurance;
8 (13) [Private] PRIVATE passenger automobile insurance, except as
9 provided in section two thousand three hundred fifty of this article[.];
10 AND
11 (14) HOMEOWNER'S INSURANCE POLICIES AND SUBSEQUENT CALCULATIONS USED
12 TO DETERMINE THE INCREASED VALUE OF DWELLING LIMITS FOR PURPOSES OF
13 DETERMINING DWELLING PROTECTION COVERAGE.
14 S 2. This act shall take effect on the ninetieth day after it shall
15 have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05109-01-5
