NY S 2442
in committeeEnacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on certain findings
New York · 2025-2026 Regular Session · upper
Quick answers
Did NY S 2442 pass?
Not yet. NY S 2442 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO INSURANCE
What is NY S 2442 about?
Enacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on: the superintendent's adoption of a report on examination finding the company insolvent; or the annual or quarterly financial statements of the company, which show that the company's admitted assets do not exceed its liabilities and surplus to policyholders if the company does not maintain reserves in an amount determined reasonable by its independent loss reserve specialist or its appointed actuary.
Who sponsors NY S 2442?
Leroy Comrie is the primary sponsor of NY S 2442, joined by 5 cosponsors.
Description
Enacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on: the superintendent's adoption of a report on examination finding the company insolvent; or the annual or quarterly financial statements of the company, which show that the company's admitted assets do not exceed its liabilities and surplus to policyholders if the company does not maintain reserves in an amount determined reasonable by its independent loss reserve specialist or its appointed actuary.
- Introduced
- —
- Latest action
- 2026-01-07 — REFERRED TO INSURANCE
- Bill type
- bill
- Last updated
- —
Sponsors
- Leroy Comrieprimary
- Andrew J. Lanzacosponsor
- Zellnor Myriecosponsor
- Anthony H. Palumbocosponsor
- Kevin S. Parkercosponsor
- Toby Ann Staviskycosponsor
Committees
Not provided by source.
Action timeline
2025-01-17
REFERRED TO INSURANCE
referral-committee
2026-01-07
REFERRED TO INSURANCE
referral-committee
Versions
- S2442Compare
Documents
Votes
Not provided by source.
Related bills
- Prior session: S 5327not in this corpus
- Prior session: S 3671not in this corpus
- Prior session: S 1495not in this corpus
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
Inspect retained evidence for changes recorded after evidence tracking began:
Session-wide evidence can include changes to other bills:
Use this data
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Known limitations
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- Committee referrals are not yet captured.
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