New York A 851: Provides for insurance premium reductions for successful completion of a fraud prevention course

Bill Text

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 Speaker Carl E. Heastie

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A00851 Summary:

BILL NOA00851 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORBlankenbush

&nbsp

COSPNSRBrabenec

&nbsp

MLTSPNSR

&nbsp

Amd §2336, Ins L

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Provides for insurance premium reductions for successful completion of a fraud prevention course, known as the New York auto fraud prevention program.

Go to top A00851 Actions:

BILL NOA00851 

&nbsp

01/08/2025referred to insurance

01/07/2026referred to insurance

Go to topA00851 Committee&nbspVotes:

Go to topA00851 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA00851 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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