New York S09537 aims to ensure fairness in motor vehicle insurance rates by prohibiting increases based on certain factors and establishing public.
New York S09537 introduces measures to ensure fairness in motor vehicle insurance rates. It prohibits insurers from increasing rates based on factors such as age, sex, marital status, and other protected criteria. The bill mandates that any rate increase application must be filed with the superintendent, who will review it for approval. Public access to these applications is facilitated through a centralized online database. Members of the public can request permission to intervene in proceedings related to rate increases.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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