Bill Text: NY A02878 | 2019-2020 | General Assembly | Introduced

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Bill Title: Prohibits insurer from increasing auto insurance premiums upon renewal for persons 60 years of age or over based solely on the ground of the insured's age.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Introduced - Dead) 2020-01-08 - referred to insurance [A02878 Detail]

Download: New_York-2019-A02878-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          2878
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 28, 2019
                                       ___________
        Introduced  by  M. of A. COLTON, M. G. MILLER, JAFFEE, CROUCH, McDONOUGH
          -- Multi-Sponsored by -- M. of A.  ABBATE,  SIMON  --  read  once  and
          referred to the Committee on Insurance
        AN  ACT  to  amend  the  insurance  law,  in relation to prohibiting the
          increase of premiums or failure to renew automobile insurance policies
          for persons 60 years of age or over
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subsection  (i)  of  section 3425 of the insurance law is
     2  amended to read as follows:
     3    (i) (1) No insurer shall refuse to issue or  renew  a  covered  policy
     4  solely on the ground of the advanced age of the applicant or insured.
     5    (2)  With  respect  to automobile insurance policies, no insurer shall
     6  increase the premium billed to an insured who is sixty years of  age  or
     7  over  for  the renewal of an existing policy solely on the ground of the
     8  age of the insured.
     9    § 2. This act shall take effect on the first of January next  succeed-
    10  ing  the  date  on  which  it shall have become a law and shall apply to
    11  renewals of policies issued on and after such date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03600-01-9