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