What's happening
This bill repeals the requirement for anti-arson applications in New York insurance law and related regulations.
Why it matters
Eliminating the anti-arson application requirement could make it easier and faster for property owners, especially in high-risk areas, to secure or renew fire insurance—potentially lowering administrative burdens and costs for both insurers and consumers.
Repealing these provisions may shift how insurance companies assess and manage fire risk, possibly leading them to use alternative methods for evaluating arson risk, which could impact underwriting standards and pricing models.
The change could have broader effects on fire prevention policy and urban risk management, particularly in cities like New York, where anti-arson applications were originally intended to deter insurance fraud and arson-for-profit schemes.
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Who cares
Headline styles
End Anti-Arson Insurance Forms
Plain English, a few words. Used as the page title.
Sponsors
2 Co-sponsors
History
- Print number 9707a
- Amend (t) and recommit to insurance
- Referred to insurance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
End Anti-Arson Applications
In Senate Committee · Insurance · Sponsor James L. Seward
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
9707--A
IN ASSEMBLY
February 2, 2018
Introduced by M. of A. D. ROSENTHAL -- read once and referred to the Committee on Insurance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to repeal certain provisions of the insurance law relating to anti-arson applications
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 3403 of the insurance law is REPEALED.
§ 2. The superintendent of financial services shall repeal all rules and regulations which implement the provisions of section 3403 of the insurance law.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14570-02-8
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.