New York State Assembly

 
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•  Actions 
 
•  Committee Votes 
 
•  Floor Votes 
 
•  Memo 
 
•  Text 
 
•  LFIN 
 
•  Chamber Video/Transcript 

A09527 Summary:

A09527 Actions:

A09527 Committee Votes:

Committee:INSURANCE   Chair:Cahill      
DATE:05/30/2018AYE/NAY:22/0  Action: Favorable         
Cahill
Aye
Barclay
Aye
Cook
Excused
Butler
Aye
Pretlow
Aye
Hawley
Aye
Rivera
Aye
Blankenbush
Aye
Cymbrowitz
Aye
Curran
Aye
Lavine
Aye
Walter
Aye
Hevesi
Aye
Garbarino
Aye
Skoufis
Excused
Steck
Aye
Crespo
Aye
Joyner
Absent
Dilan
Aye
Hunter
Aye
Simotas
Aye
Walker
Aye
Niou
Aye
Rosenthal
Aye
Stern
Aye

A09527 Floor Votes:

A09527 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
 submitted in accordance with Assembly Rule III, Sec 1(f)



 
BILL NUMBER: A9527A
 
SPONSOR: Woerner

 
TITLE OF BILL:  An act to amend the insurance law, in relation to
licensing requirements for insurance agents
 
 
PURPOSE OF THE BILL:
 
The purpose of this bill is to expand the channels through which insur-
ance agents can qualify for licensure for property and casualty classes.
 
 
SUMMARY OF PROVISIONS:
 
Section 1 amends subparagraph (B) of paragraph 2 of subsection (f) of 2
section 2103 of the insurance law to allow those seeking ,licensure as
insurance agents to participate in the equivalent of ninety classroom
hours of training through correspondence work or a similar institution.
 
Section 2 establishes the effective date.
 
 
JUSTIFICATION:
 
Under current statute, pre-licensing coursework for life insurance,
annuity contracts, disability insurance, accident and health insurance
and related insurances can be taken in either classroom format or equiv-
alent correspondence / distance learning formats.  Personal Lines insur-
ance pre-licensing coursework may only be taken in classroom format.
This restriction presents a hardship for those in rural communities that
are seeking to be licensed to sell Personal Lines insurance, because of
the distance they must travel and the cost of overnight accommodations
during the week-long course. This bill ensures that pre-licensing course
for all forms of insurance are offered in both classroom and correspond-
ence / distance learning formats.
 
 
PRIOR LEGISLATIVE HISTORY:
 
None.
 
 
FISCAL IMPLICATIONS:
 
None.
 
 
EFFECTIVE DATE:
This act shall take effect immediately.