New YorkPermits 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
What it does
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.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 19REFERRED TO INSURANCELatest
- Vote recorded Floor Vote. Result: pass.Upper
- May 19DELIVERED TO ASSEMBLY
- May 19PASSED SENATEPassed 1st Chamber
- Mar 11ADVANCED TO THIRD READING
- Mar 102ND REPORT CAL.
- Mar 91ST REPORT CAL.486
- Vote recorded Insurance Vote. Result: pass.Upper
- Jan 7REFERRED TO INSURANCEMinor
- May 19REFERRED TO INSURANCELatest
- 2025
- Jun 13COMMITTED TO RULESMinor
- Mar 5ADVANCED TO THIRD READING
- Mar 42ND REPORT CAL.
- Mar 31ST REPORT CAL.423
- Vote recorded Insurance Vote. Result: pass.Upper
- Feb 20REFERRED TO INSURANCEIntroduced