NY S 8583
in committeeRequires property/casualty insurance companies to submit certain data to the department of financial services and authorizes premium discounts to policyholders who demonstrate certain mitigation actions
New York · 2025-2026 Regular Session · upper
Description
Requires property/casualty insurance companies to submit certain zip code-level data to the department of financial services on nonrenewal rates, nonpayment cancellation rates, other cancellation rates, claim frequency rates, average claim amounts, paid loss ratios, and average premiums; requires property/casualty insurance companies that use a natural disaster risk model or scoring method to assign risk, information about such model or scoring method; authorizes a premium discount to policyholders of homeowners insurance or property/casualty insurance applicable to residential real property who demonstrate certain mitigation actions; requires insurers to post about such discounts on their public websites; relates to the timing of cancellation and nonrenewal notices for certain insurance policies; relates to increasing membership of the board governing the New York property insurance underwriting association; requires a quadrennial report on the activities of such association; increases such board membership to 23 including 6 directors appointed by the legislature and 4 directors appointed by the governor.
- Introduced
- —
- Status date
- —
- Latest action
- 2026-06-04 — REFERRED TO INSURANCE
- Bill type
- bill
- Last updated
- —
Sponsors
- Brian Kavanaghprimary
- Liz Kruegercosponsor
- Rachel Maycosponsor
Committees
Not provided by source.
Action timeline
2025-11-17
REFERRED TO RULES
referral-committee
2025-11-17
AMEND AND RECOMMIT TO RULES
amendment-passage,referral-committee
2025-11-17
PRINT NUMBER 8583A
amendment-passage
2026-01-07
REFERRED TO INSURANCE
referral-committee
2026-05-13
AMEND (T) AND RECOMMIT TO INSURANCE
amendment-passage,referral-committee
2026-05-13
PRINT NUMBER 8583B
amendment-passage
2026-05-29
AMEND (T) AND RECOMMIT TO INSURANCE
amendment-passage,referral-committee
2026-05-29
PRINT NUMBER 8583C
amendment-passage
2026-06-03
COMMITTEE DISCHARGED AND COMMITTED TO RULES
referral-committee
2026-06-03
ORDERED TO THIRD READING CAL.1637
2026-06-03
PASSED SENATE
passage
2026-06-03
DELIVERED TO ASSEMBLY
2026-06-04
REFERRED TO INSURANCE
referral-committee
Versions
Documents
- application/pdf(no extracted text yet)
- text/html(no extracted text yet)
- application/pdf(no extracted text yet)
- application/pdf(no extracted text yet)
- application/pdf(no extracted text yet)
Votes
Floor Vote - Version: C
2026-06-03 · pass · 39-22
Member-level votes (63)
- Joseph P. Addabbo Jr.: yes
- Jamaal Bailey: yes
- April Baskin: yes
- Erik Bottcher: yes
- Jabari Brisport: yes
- Samra Brouk: yes
- Siela Bynoe: yes
- Cordell Cleare: yes
- Leroy Comrie: yes
- Patricia Fahy: yes
- Nathalia Fernandez: yes
- Michael Gianaris: yes
- Kristen Gonzalez: yes
- Andrew Gounardes: yes
- Pete Harckham: yes
- Michelle Hinchey: yes
- Robert Jackson: yes
- Brian Kavanagh: yes
- Liz Krueger: yes
- John Liu: yes
- Monica Martinez: yes
- Rachel May: yes
- Shelley Mayer: yes
- Zellnor Myrie: yes
- Roxanne J. Persaud: yes
- Jessica Ramos: yes
- Gustavo Rivera: yes
- Christopher Ryan: yes
- Julia Salazar: yes
- James Sanders Jr.: yes
- Jessica Scarcella-Spanton: yes
- Luis R. Sepúlveda: yes
- José M. Serrano: yes
- James Skoufis: yes
- Toby Ann Stavisky: yes
- Andrea Stewart-Cousins: yes
- Sam Sutton: yes
- Lea Webb: yes
- Jeremy Zellner: yes
- Jake Ashby: no
- George Borrello: no
- Patricia Canzoneri-Fitzpatrick: no
- Stephen T. Chan: no
- Patrick M. Gallivan: no
- Joseph A. Griffo: no
- Pamela Helming: no
- Andrew J. Lanza: no
- Jack M. Martins: no
- Mario Mattera: no
- Dean Murray: no
- Thomas F. O'Mara: no
- Peter Oberacker: no
- Robert Ortt: no
- Anthony H. Palumbo: no
- Steve Rhoads: no
- Robert Rolison: no
- Dan Stec: no
- James Tedisco: no
- Mark Walczyk: no
- William Weber: no
- Alexis Weik: no
- Jeremy Cooney: excused
- Kevin S. Parker: absent
Related bills
- Companion bill: A 9016
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
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