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A00851 Summary:

BILL NOA00851
 
SAME ASNo Same As
 
SPONSORBlankenbush
 
COSPNSRBrabenec
 
MLTSPNSR
 
Amd §2336, Ins L
 
Provides for insurance premium reductions for successful completion of a fraud prevention course, known as the New York auto fraud prevention program.
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A00851 Actions:

BILL NOA00851
 
01/08/2025referred to insurance
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A00851 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           851
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced  by  M. of A. BLANKENBUSH, BRABENEC -- read once and referred
          to the Committee on Insurance
 
        AN ACT to amend the insurance law,  in  relation  to  providing  premium
          reductions for successful completion of a fraud prevention course

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 2336 of the insurance law is amended  by  adding  a
     2  new subsection (i) to read as follows:
     3    (i)  Any schedule of rates or rating plan for motor vehicle liability,
     4  comprehensive,  collision  and  personal  injury  protection   coverages
     5  submitted  to  the  superintendent  shall  provide  for  an  appropriate
     6  reduction in premium charges for any insured for a period of  two  years
     7  after  successfully  completing  a fraud prevention course, known as the
     8  New York auto fraud prevention program.
     9    § 2. This act shall take effect on  the  first  day  of  January  next
    10  succeeding  the date on which it shall have become a law and shall apply
    11  to all policies issued, renewed, modified,  altered  or  amended  on  or
    12  after such date.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03298-01-5
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