Bill Sponsors: NY S05896 | 2023-2024 | General Assembly

Bill Title: Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2024-05-23 - referred to insurance [S05896 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeContactPhoneDistrictSponsorshipState ProfileFinancialEncyclopediaBiography
Senator Neil Breslin [D]PrimaryN/AN/ASD-046Sponsored BillsN/AFollowTheMoneyBallotpediaVoteSmart
Senator Patrick Gallivan [R]CosponsorEmail518-455-3471SD-060Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Anthony Palumbo [R]CosponsorEmail518-455-3121SD-001Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Lea Webb [D]CosponsorEmail518-455-2170SD-052Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart

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