Bill Text: NY A10090 | 2011-2012 | General Assembly | Amended
Bill Title: Relates to uninsured and underinsured motorist coverage for corporate and business entities, volunteer fire departments and volunteer ambulance services.
Spectrum: Partisan Bill (Democrat 12-0)
Status: (Passed) 2012-12-17 - approval memo.22 [A10090 Detail]
Download: New_York-2011-A10090-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10090--A I N A S S E M B L Y May 3, 2012 ___________ Introduced by M. of A. MORELLE -- read once and referred to the Commit- tee on Insurance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the insurance law, in relation to uninsured and underin- sured motorist coverage for corporate and business entities, volunteer fire departments and volunteer ambulance services THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subsection (f) of section 3420 of the insurance law is 2 amended by adding a new paragraph 5 to read as follows: 3 (5) A POLICY THAT NAMES A CORPORATE OR BUSINESS ENTITY, A VOLUNTEER 4 FIRE DEPARTMENT, OR A VOLUNTEER AMBULANCE SERVICE AS A NAMED INSURED 5 SHALL BE DEEMED TO PROVIDE THE MAXIMUM UNINSURED OR UNDERINSURED MOTOR- 6 IST COVERAGE AVAILABLE UNDER THE PROVISIONS OF THE POLICY TO AN INDIVID- 7 UAL EMPLOYED BY THE CORPORATE OR BUSINESS ENTITY, A MEMBER OF THE VOLUN- 8 TEER FIRE DEPARTMENT OR VOLUNTEER AMBULANCE SERVICE OR A MEMBER OF THE 9 BOARD OF DIRECTORS OF SUCH CORPORATE OR BUSINESS ENTITY, VOLUNTEER FIRE 10 DEPARTMENT OR VOLUNTEER AMBULANCE SERVICE AND WHO IS INJURED BY AN UNIN- 11 SURED OR UNDERINSURED VEHICLE WHILE ACTING IN THE SCOPE OF THE INDIVID- 12 UAL'S DUTIES FOR THE CORPORATE OR BUSINESS ENTITY, VOLUNTEER FIRE 13 DEPARTMENT OR VOLUNTEER AMBULANCE SERVICE LISTED AS THE NAMED INSURED. 14 S 2. This act shall take effect on the one hundred twentieth day after 15 it shall have become a law. Effective immediately, the addition, amend- 16 ment and/or repeal of any rules or regulations necessary for the imple- 17 mentation of this act on its effective date is authorized to be made on 18 or before such effective date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15699-02-2