Extends provisions of the property/casualty insurance availability act and the authority of the New York property insurance underwriting association

Summary

The legislation amends several sections of New York’s insurance law to specify that certain temporary rules will end on June 30, 2029, while adjusting how insurance rates are filed and how automobile policies can be non‑renewed. It also ensures the New York Property Insurance Underwriting Association can continue servicing existing policies after other provisions expire. This affects insurers, policyholders, and the association by providing a clear timeline and preserving ongoing obligations.

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