New York Senate Bill 9281: Requires prior approval of certain rates; requires insurers provide written explanations for certain premium increases; and authorizes the refiling of certain rates

New York · 2025-2026 session

Status: In committee

What it does

Requires rate filings for prior approval for commercial property insurance, commercial general liability insurance, and personal residential property insurance; requires insurers provide written explanations for premium increases in certain covered policies; requires certain insurers of homeowners' insurance to refile its homeowners' insurance rates and, in certain circumstances, be required to reduce rates.

Latest action

REFERRED TO INSURANCE (2026-02-24)

See how S 9281 affects you on CapitolKey

Browse more bills · CapitolKey home