Extends authorization for certain exemptions from filing requirements

Latest action Jun 18, 2025

Extends certain exemptions from regulatory requirements necessitating prior approval of rates and forms for large, commercial insureds.

Not chosen yet

Where it stands

Signed into law.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

New York State Senate

Same as A8413, the matching bill in the Assembly.

Passed as A8413, the matching Assembly bill.

Amends the Insurance Law.

Committee

Insurance · New York State Assembly

Also referred to Insurance · New York State Senate, Rules · New York State Assembly, Rules · New York State Senate.

Purpose, from the sponsor's memo

To extend certain exemptions from regulatory requirements necessitating prior approval of rates and forms for large, commercial insureds and special risks.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Floor vote
NY SenateJun 10, 2025Result: passedSenate vote on A8413, the matching Assembly bill.
(57) (1) (0) (5)
Vote: Committee vote · Rules
Senate RulesJun 9, 2025Result: passed
(21) (0) (0) (0)

Cosponsors

David Weprin

Democratic1

David Weprin

See the full list on nysenate.gov

The sponsor's argument

Why Jamaal Bailey says this is needed

In 2011, legislation was enacted which modernized and streamlined the regulation of commercial insurance by expanding the types of insurance which may be written without the Department's prior approval of rates and forms when sold to large commercial policyholders. This law has proven successful in ensuring that commercial policyholders have maximum flexibility to create policies that are tailored to their needs, as they must respond rapidly to competitive forces, the economy and the needs of their customers. For this reason, this legislation seeks to extend these provisions.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Jun 18, 2025
Sent to the executive
DELIVERED TO GOVERNOR
NY Assembly
Jun 18, 2025
Signed
SIGNED CHAP.146
NY Assembly
Jun 10, 2025
3RD Reading CAL.1663
3RD READING CAL.1663
NY Senate
Jun 10, 2025
Passed a chamber
PASSED SENATE
NY Senate
Jun 10, 2025
Substituted
SUBSTITUTED FOR S8343
NY Senate

Show full history (9 earlier events)

Jun 9, 2025
Ordered to Third Reading CAL.1663
ORDERED TO THIRD READING CAL.1663
NY Senate
Jun 4, 2025
Referred to committee
REFERRED TO RULES
NY Senate
May 21, 2025
Sent to the executive
DELIVERED TO SENATE
NY Assembly
May 21, 2025
Passed a chamber
PASSED ASSEMBLY
NY Assembly
May 21, 2025
Referred to committee
REFERRED TO INSURANCE
NY Senate
May 21, 2025
Reported out of committee
REPORTED
NY Assembly
May 21, 2025
Rules Report CAL.249
RULES REPORT CAL.249
NY Assembly
May 20, 2025
Reported out of committee
REPORTED REFERRED TO RULES
NY Assembly
May 14, 2025
Referred to committee
REFERRED TO INSURANCE
NY Assembly

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 22, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

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