New York Assembly Bill A00807 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 807 2023-2024 Regular Sessions  IN ASSEMBLY January 11, 2023 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Insurance AN ACT to amend the insurance law, in relation to permitting insurers to provide certain loss prevention and risk management devices to insureds and prospective insureds The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2324 of the insurance law is amended by adding a 2 new subsection (d-1) to read as follows: 3 (d-1) Nothing in this section shall be deemed to prohibit an insurer, 4 or a person acting in conjunction with, or on behalf of an insurer, from 5 providing an insured, or a prospective insured, with loss reduction or 6 safety related electronics, equipment or devices or items, or special 7 offers or other things of value or incentives designed to assist an 8 insured under a policy in managing the risks they may face while they 9 are an insured or in promoting driver safety for prospective insureds. 10 In carrying out the provisions of this subsection, an insurer may 11 provide similar but not necessarily identical devices or items to 12 insureds and prospective insureds. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02260-01-3