ASSEMBLY STANDING COMMITTEE ON INSURANCE
NOTICE OF PUBLIC HEARING
Thursday, April 10, 2014
10:30 AM
Legislative Office Building, Hearing Room B
Albany, NY 12248
ORAL TESTIMONY BY INVITATION ONLY
New York State's automobile insurance market ranks as one of the most expensive in the nation. Several factors impact the cost of coverage for consumers. The Committee is interested in hearing testimony on the following topics: minimum coverage requirements, adequate levels of comprehensive and collision coverage to meet consumer needs, no-fault coverage, the residual market as well as high risk populations, and the role of the Department of Financial Services' in regulating the automobile insurance industry.
Persons wishing to present pertinent testimony to the Committee at the above hearing should complete and return the enclosed reply form by April 9, 2014. It is important that the reply form be fully completed and returned so that persons may be notified in the event of emergency postponement or cancellation.
Oral testimony will be limited to ten minutes' duration. In preparing the order of witnesses, the Committee will attempt to accommodate individual requests to speak at particular times in view of special circumstances. These requests should be made on the attached reply form or communicated to Committee staff as early as possible.
Ten copies of any prepared testimony should be submitted at the hearing registration desk. The Committee would appreciate advance receipt of prepared statements.
In order to meet the needs of those who may have a disability, the Assembly, in accordance with its policy of non-discrimination on the basis of disability, as well as the 1990 Americans with Disabilities Act (ADA), has made its facilities and services available to all individuals with disabilities. For individuals with disabilities, accommodations will be provided, upon reasonable request, to afford such individuals access and admission to Assembly facilities and activities.
Member of Assembly
Chairman
Committee on Insurance