STATE OF NEW YORK
________________________________________________________________________
5047
2023-2024 Regular Sessions
IN ASSEMBLY
February 27, 2023
___________
Introduced by M. of A. LAVINE -- read once and referred to the Committee
on Insurance
AN ACT to amend the insurance law, in relation to legal services insur-
ance
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Paragraph 29 of subsection (a) of section 1113 of the
2 insurance law, as added by chapter 65 of the laws of 1998, is amended to
3 read as follows:
4 (29) "Legal services insurance" means insurance [providing legal
5 services or reimbursement of the cost of legal services] that pays or
6 reimburses for specified legal services or specified legal expenses, in
7 consideration of a specified payment, regardless of whether the payment
8 is made by the beneficiaries individually or by a third person on their
9 behalf. "Legal services insurance" does not include the furnishing of
10 legal assistance to members, or their dependents, by an organization, in
11 which the organization contracts directly with independent attorneys for
12 the provision of legal services, where the organization pays the inde-
13 pendent attorney only an administrative fee and the independent attorney
14 receives no additional payment or reimbursement from the organization
15 for specified legal services or specified legal expenses.
16 § 2. This act shall take effect on the thirtieth day after it shall
17 have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08779-01-3