S4962 (2025-26 session)
NY State bill
Relates to prohibitions on rebating and discrimination in rates and payments under insurance policies; provides that certain services shall not be considered to be an inducement or rebate unless the superintendent determines that the offer and sale of such services constituted the sole reason for the purchase of such insurance policy.
- Title
- Relates to prohibitions on rebating and discrimination in rates and payments under insurance policies
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Insurance
- Introduced
- 2025-02-14
- Same as
- A5081
- Law section
- Insurance Law
Sponsors
- Jamaal T. Bailey State Senator, District 36
Heard in committee
- Insurance NY State Senate committee