New York S 9393: Requires insurance carriers to provide access to underwriting models or granular claim data to the department of financial services

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S09393 Summary:

BILL NOS09393 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORJACKSON

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §338, Ins L

&nbsp

Requires insurance carriers to provide access to underwriting models or granular claim data to the department of financial services to evaluate underwriting practices and risk assessment methodologies.

Go to top S09393 Actions:

BILL NOS09393 

&nbsp

03/09/2026REFERRED TO INSURANCE

Go to topS09393 Committee&nbspVotes:

Go to topS09393 Floor&nbspVotes:

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

Go to topS09393 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9393

 IN SENATE

 March 9, 2026
 ___________

 Introduced by Sen. JACKSON -- read twice and ordered printed, and when
 printed to be committed to the Committee on Insurance

 AN ACT to amend the insurance law, in relation to requiring insurance
 carriers to provide access to underwriting models or granular claim
 data to the department of financial services

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The insurance law is amended by adding a new section 338 to
 2 read as follows:
 3 § 338. Access to underwriting models and claim data. (a) Definitions.
 4 For purposes of this section:
 5 (1) "Underwriting model" means any algorithm, formula, or structured
 6 methodology used by an insurance carrier to assess risk, determine
 7 premiums, or evaluate eligibility for coverage.
 8 (2) "Granular claim data" means detailed, record-level information
 9 regarding claims, including but not limited to claim type, amount, date,
 10 geographic location, and resolution status.
 11 (3) "Mutually agreed department staff" means employees or agents of
 12 the department designated by the superintendent and agreed upon with the
 13 insurance carrier for purposes of review.
 14 (b) Access to underwriting models. Every insurance carrier authorized
 15 to do business in this state shall provide access to its underwriting
 16 models to mutually agreed department staff, upon request of the super-
 17 intendent.
 18 (c) Access to granular claim data. In the event that underwriting
 19 models are not available, an insurance carrier shall provide access to
 20 granular claim data to mutually agreed department staff, sufficient to
 21 allow the department to evaluate underwriting practices and risk assess-
 22 ment methodologies.
 23 (d) Confidentiality. Information provided under this section shall be
 24 subject to confidentiality protections consistent with applicable state
 25 and federal law. Department staff shall maintain such information solely
 26 for regulatory purposes.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14111-01-5

 S. 9393 2

 1 (e) Compliance. Failure to comply with this section shall constitute a
 2 violation and may subject the insurance carrier to penalties under
 3 section one hundred nine of this chapter, including fines, suspension,
 4 or revocation of license.
 5 § 2. This act shall take effect on the ninetieth day after it shall
 6 have become a law.

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps