New York 2023-2024 Regular Session

New York Senate Bill S05896

Introduced
3/22/23  
Refer
3/22/23  
Engrossed
5/3/23  
Refer
5/3/23  
Refer
1/3/24  
Engrossed
5/23/24  

Caption

Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.

Companion Bills

NY A05253

Same As Permits a waiver of the diligent effort requirement in limited circumstances for certain insurance coverage to be placed by licensed excess line brokers with unauthorized insurers where a retail producing insurance broker seeks to procure or place commercial lines insurance through an unaffiliated wholesale excess line insurance broker.

Similar Bills

No similar bills found.