Bill Text: NY A06670 | 2013-2014 | General Assembly | Introduced
Bill Title: Requires notices of termination to apply to snowmobiles and all vehicles insured or covered under an owner's policy of liability insurance.
Spectrum: Partisan Bill (Republican 14-0)
Status: (Introduced - Dead) 2014-01-08 - referred to transportation [A06670 Detail]
Download: New_York-2013-A06670-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 6670 2013-2014 Regular Sessions I N A S S E M B L Y April 12, 2013 ___________ Introduced by M. of A. OAKS, BARCLAY, HAWLEY, KOLB, MONTESANO -- Multi- Sponsored by -- M. of A. CORWIN, CROUCH, JORDAN, McDONOUGH, McLAUGH- LIN, PALMESANO, SALADINO -- read once and referred to the Committee on Transportation AN ACT to amend the vehicle and traffic law, in relation to notices of termination for policies of liability insurance THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 2 of section 313 of the vehicle and traffic 2 law, as amended by chapter 678 of the laws of 1997 and paragraphs (a), 3 (b) and (d) as amended by chapter 509 of the laws of 1998, is amended to 4 read as follows: 5 2. (a) Upon the termination of an owner's policy of liability insur- 6 ance, other than an owner's policy of liability insurance for a motorcy- 7 cle, at the request of the insured or by cancellation by the insurer, 8 the insurer shall file a notice of termination with reference to such 9 policy, as opposed to any insured vehicle or vehicles under such policy, 10 with the commissioner not later than thirty days following the effective 11 date of such cancellation or other termination, in accordance with the 12 regulations required by paragraph (c) of this subdivision. An insurer 13 shall not file a notice of termination with the commissioner except as 14 required by this subdivision. 15 (b) Upon the issuance of an owner's policy of liability insurance the 16 insurer shall file a notice or confirmation of issuance with reference 17 to such policy not later than fourteen days following the effective date 18 of such issuance, and not later than seven days following the effective 19 date for policies issued after January first, two thousand one, in 20 accordance with the regulations required by paragraph (c) of this subdi- 21 vision. 22 (c) The commissioner shall promulgate regulations establishing proce- 23 dures for issuance of proof of insurance and for reporting by insurers EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04346-01-3 A. 6670 2 1 of notices of termination and policy issuance, either electronically or 2 by paper copy, at the option of the department. Such reporting shall be 3 required for every cancellation or termination which is effective on or 4 after July first, nineteen hundred eighty-four and for every policy 5 issuance which is effective on or after January first, two thousand; 6 provided, however, that should the commissioner find, after testing of 7 reporting procedures, that it would be feasible to require reporting for 8 policy cancellations, terminations or issuances effective on an earlier 9 date, he may by regulation so require reporting on such earlier date, 10 but in no event shall reporting be required for cancellations or termi- 11 nations effective prior to February first, nineteen hundred eighty-four 12 nor for policy issuances effective prior to September first, nineteen 13 hundred ninety-nine. Insurers shall cooperate fully with the commission- 14 er in any such testing of reporting procedures. 15 (d) Upon application by an insurer, the commissioner may extend the 16 period for filing of notices of termination by such insurer for up to 17 fifteen days, and for seven days for policies issued by an insurer. 18 Extensions shall not be granted unless the insurer demonstrates to the 19 satisfaction of the commissioner that compliance with the notice period 20 would result in substantial hardship to the insurer. The commissioner 21 shall maintain a list of extensions granted pursuant to this paragraph. 22 (E) NOTWITHSTANDING ANY INCONSISTENT PROVISION OF THIS SECTION, THIS 23 SUBDIVISION SHALL BE APPLICABLE TO ALL VEHICLES, INCLUDING SNOWMOBILES, 24 WHICH ARE INSURED OR COVERED UNDER AN OWNER'S POLICY OF LIABILITY INSUR- 25 ANCE. 26 S 2. This act shall take effect immediately.