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New YorkA 113672025-2026 Regular SessionHouseWALLET

Extends provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association

Sponsored By: Pamela J. Hunter (Democratic)

Signed by Governor

INSURANCERULES

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 0 benefits, 0 costs, 4 mixed.

New rules for some auto policies

If you buy a new voluntary auto policy on or after June 30, 2029, different legal rules apply to renewals and notices. Insurers cannot send a nonrenewal or conditional renewal notice during the policy term unless a cancellation reason applies, or another listed reason happened within 36 months and ended at least 4 months before the notice date. The law keeps related nonrenewal notice standards for the stated date ranges. It also preserves legal rights granted under the original rules.

Insurance rate rules now and after 2029

After June 30, 2029, many rates that once followed one part of the rate law must follow other subsections instead. Rates that are not required to be filed or are suspended from filing keep their special status. Even when a specific rate-effect section is not in force after that date, insurers must still reflect the likely cost reductions named in that statute when setting rates. Your premium could go up or down based on how these rules apply to your coverage.

Some insurance laws end after June 2029

On or after June 30, 2029, several insurance-law sections stop being in force. The state’s property insurance pool keeps servicing existing policies and paying existing claims after that date. Your current policy or claim with the pool is not cut off by the sunset. Market rules tied to the ending sections can change for new coverage after that date.

Timing rules for these insurance changes

The law takes effect immediately. The changes tied to the rule about reflecting cost reductions and to the property insurance pool end when those original sections expire. This timing does not change their June 30, 2029 sunsets.

Sponsors & Cosponsors

Sponsor

  • Pamela J. Hunter

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 199 • No: 0

Senate vote • 6/2/2026

FLOOR Vote

Yes: 61 • No: 0

House vote • 5/28/2026

Assembly floor vote

Yes: 138 • No: 0

Actions Timeline

  1. SIGNED CHAP.150

    6/26/2026House

  2. DELIVERED TO GOVERNOR

    6/18/2026House

  3. RETURNED TO ASSEMBLY

    6/2/2026Senate

  4. PASSED SENATE

    6/2/2026Senate

  5. 3RD READING CAL.1595

    6/2/2026Senate

  6. SUBSTITUTED FOR S10582

    6/2/2026Senate

  7. REFERRED TO INSURANCE

    5/28/2026Senate

  8. DELIVERED TO SENATE

    5/28/2026House

  9. PASSED ASSEMBLY

    5/28/2026House

  10. ORDERED TO THIRD READING RULES CAL.199

    5/21/2026House

  11. RULES REPORT CAL.199

    5/21/2026House

  12. REPORTED

    5/21/2026House

  13. REPORTED REFERRED TO RULES

    5/20/2026House

  14. REFERRED TO INSURANCE

    5/14/2026House

Bill Text

  • Original

    5/14/2026

    PDF

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