Bill Text: NY S05049 | 2025-2026 | General Assembly | Introduced

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Bill Title: Relates to licensing of independent insurance adjusters by waiving requirements regarding a written examination if the applicant holds a claim certification from a national or state-based claims association.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-02-18 - REFERRED TO INSURANCE [S05049 Detail]

Download: New_York-2025-S05049-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          5049

                               2025-2026 Regular Sessions

                    IN SENATE

                                    February 18, 2025
                                       ___________

        Introduced  by  Sen.  BAILEY -- 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 licensing of independ-
          ent adjusters

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

     1    Section 1. Paragraph 1 of subsection (f) of section 2108 of the insur-
     2  ance law is amended to read as follows:
     3    (1)  The  superintendent shall, in order to determine the trustworthi-
     4  ness and competency to act as an independent adjuster of each individual
     5  applicant for such license, and of each proposed sub-licensee, except in
     6  the case of a renewal license, require every such individual to take and
     7  pass, to the satisfaction of  the  superintendent,  a  personal  written
     8  examination. The superintendent may prescribe the types of written exam-
     9  inations according to the kind or kinds of insurance claims [which] that
    10  the  applicant  is  to  be licensed to investigate and adjust.  The exam
    11  requirement shall be waived for individuals  holding  a  claims  certif-
    12  ication  issued  by a national or  state-based claims association with a
    13  certification program that consists of at least  forty hours of pre-exam
    14  coursework, a proctored exam of sufficient length to  adequately  deter-
    15  mine the competency of the individual, and twenty-four hours of continu-
    16  ing  education required for  certification renewals on a biennial basis,
    17  subject to the approval of the superintendent.
    18    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09379-01-5