New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Enacts the New York automobile insurance fraud and premium reduction act; appropriation.
Enacts the New York automobile insurance fraud and premium reduction act; provides that this act is aimed at reducing insurance fraud and thus lowering the cost of insurance premiums; provides a provision for compensation to a person that reports insurance fraud to the authorities; further provides that this act also increases the penalty for insurance fraud; appropriates $3,100,000 therefor.
| Date | Event | Detail |
|---|---|---|
| 2025-01-27 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |