S9281 (2025-26 session)

NY State bill

Requires rate filings for prior approval for commercial property insurance, commercial general liability insurance, and personal residential property insurance; requires insurers provide written explanations for premium increases in certain covered policies; requires certain insurers of homeowners' insurance to refile its homeowners' insurance rates and, in certain circumstances, be required to reduce rates.

Title
Requires prior approval of certain rates; requires insurers provide written explanations for certain premium increases; and authorizes the refiling of certain rates
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-02-24
In committee
Insurance
Introduced
2026-02-24
Same as
A11298
Law section
Insurance Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources