S9632 (2023-24 session)
NY State bill
Enacts the "limited equity cooperative insurance captive authorization and county cap act" to enable limited equity cooperatives in the state of New York to establish insurance captives to enhance their ability to manage risks, improve insurance coverage, and promote financial stability.
- Title
- Enacts the "limited equity cooperative insurance captive authorization and county cap act"
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Senate Committee
- Latest action date
- 2024-05-16
- In committee
- Insurance
- Introduced
- 2024-05-16
- Law section
- Insurance Law
Sponsors
- Robert Jackson State Senator, District 31
Heard in committee
- Insurance NY State Senate committee