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