Bill Text: NY A01809 | 2021-2022 | General Assembly | Introduced


Bill Title: Requires third party verification of driving history when used as a rating or underwriting factor for private passenger motor vehicle insurance.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Introduced - Dead) 2022-02-17 - advanced to third reading cal.422 [A01809 Detail]

Download: New_York-2021-A01809-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          1809

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                    January 11, 2021
                                       ___________

        Introduced  by  M.  of  A.  CAHILL,  DiPIETRO,  THIELE  -- read once and
          referred to the Committee on Insurance

        AN ACT to amend the insurance law, in relation to using driving  history
          as a rating or underwriting factor for private passenger motor vehicle
          insurance

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The insurance law is amended by adding a new  section  2618
     2  to read as follows:
     3    §  2618.  Verification  of driving history. No insurer who utilizes an
     4  applicant's driving history as  a  rating  or  underwriting  factor  for
     5  private  passenger  motor  vehicle  insurance  in the state shall bind a
     6  policy of insurance, or accept a down  payment  for  a  policy,  without
     7  first verifying said applicant's driving history, as well as the driving
     8  history  of  all  named-drivers  listed  by the applicant on the private
     9  passenger motor vehicle insurance application,  through  the  use  of  a
    10  reliable third party database.
    11    §  2.  This  act shall take effect on the ninetieth day after it shall
    12  have become a law and shall apply to policies issued, renewed  or  modi-
    13  fied  on or after such date. Effective immediately, the addition, amend-
    14  ment and/or repeal of any rule or regulation necessary for the implemen-
    15  tation of this act on its effective date are authorized to be  made  and
    16  completed on or before such effective date.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01683-01-1
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