Enacts the New York travel insurance act

Summary

The bill lets certain businesses—car rental firms, peer‑to‑peer car‑sharing operators, wireless equipment sellers, self‑storage facilities, and travel insurance agents—obtain a special limited license to sell insurance tied to their services. It spells out which coverages they may offer, sets application and oversight rules, and exempts travel insurance policies from two existing insurance‑law sections. The measure aims to streamline insurance sales at the point of service while giving the superintendent authority to enforce compliance.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share