S 5051 New York Senate · 2025 Regular Session

Relates to paintless dent repair rate filing

This bill (S 5051) requires insurance providers offering service contracts to file proposed fee amounts with the superintendent at least 30 days before implementation, making these filings publicly accessible. It directly affects insurance companies and service contract providers, mandating transparency in fee changes while exempting certain contracts (like those under specific subsections) and agreements with authorized insurers. The key provision ensures fees cannot exceed the filed amount and applies to most service contracts, excluding paintless dent repair contracts as specified in the law. The bill does not change existing insurance rules but adds a filing requirement for service contract fees.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO INSURANCE
upper
Feb 18, 2025
Committee
REFERRED TO INSURANCE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jamaal Bailey
Jamaal Bailey
DDemocratic/Working Families
NY
36