Bill Text: NY A10090 | 2011-2012 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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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-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         10090
                                 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
       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 POLICY TO AN INDIVIDUAL EMPLOYED BY THE
    7  CORPORATE  OR  BUSINESS  ENTITY OR WHO IS A MEMBER OF THE VOLUNTEER FIRE
    8  DEPARTMENT OR VOLUNTEER AMBULANCE SERVICE AND WHO IS INJURED BY AN UNIN-
    9  SURED OR UNDERINSURED VEHICLE WHILE ACTING IN THE SCOPE OF THE  INDIVID-
   10  UAL'S  DUTIES  FOR  THE  CORPORATE  OR  BUSINESS  ENTITY, VOLUNTEER FIRE
   11  DEPARTMENT OR VOLUNTEER AMBULANCE SERVICE LISTED AS THE NAMED INSURED.
   12    S 2. This act shall take effect on the one hundred twentieth day after
   13  it shall have become a law. Effective immediately, the addition,  amend-
   14  ment  and/or repeal of any rules or regulations necessary for the imple-
   15  mentation of this act on its effective date are authorized to be made on
   16  or before such effective date.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15699-01-2