S1022 (2025-26 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
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Insurance
Introduced
2025-01-07
Law section
Insurance Law

Sponsors

Heard in committee

Sources