Bill Text: NY S05890 | 2015-2016 | General Assembly | Introduced
Bill Title: Permits insurers to provide certain loss prevention and risk management devices to insureds and prospective insureds.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2016-01-06 - REFERRED TO INSURANCE [S05890 Detail]
Download: New_York-2015-S05890-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
5890
2015-2016 Regular Sessions
I N S E N A T E
June 10, 2015
___________
Introduced by Sen. O'MARA -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the insurance law, in relation to permitting insurers to
provide certain loss prevention and risk management devices to
insureds and prospective insureds
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 2324 of the insurance law is amended by adding a
2 new subsection (d-1) to read as follows:
3 (D-1) NOTHING IN THIS SECTION SHALL BE DEEMED TO PROHIBIT AN INSURER,
4 OR A PERSON ACTING IN CONJUNCTION WITH, OR ON BEHALF OF AN INSURER, FROM
5 PROVIDING AN INSURED, OR A PROSPECTIVE INSURED, WITH LOSS REDUCTION OR
6 SAFETY RELATED ELECTRONICS, EQUIPMENT OR DEVICES OR ITEMS, OR SPECIAL
7 OFFERS OR OTHER THINGS OF VALUE OR INCENTIVES DESIGNED TO ASSIST AN
8 INSURED UNDER A POLICY IN MANAGING THE RISKS THEY MAY FACE WHILE THEY
9 ARE AN INSURED OR IN PROMOTING DRIVER SAFETY FOR PROSPECTIVE INSUREDS.
10 IN CARRYING OUT THE PROVISIONS OF THIS SUBSECTION, AN INSURER MAY
11 PROVIDE SIMILAR BUT NOT NECESSARILY IDENTICAL DEVICES OR ITEMS TO
12 INSUREDS AND PROSPECTIVE INSUREDS.
13 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11475-01-5
