Asm. David Weprin

The bill is a technical chapter amendment clarifying insurance coverage for peer-to-peer car sharing programs. It allows peer-to-peer car sharing companies like Turo to act as agents for insurance carriers, offering supplemental coverage to both vehicle owners and renters during checkout. The amendment addresses concerns raised during original bill debate about whether reduced insurance minimums would adequately protect all parties in accidents by enabling optional higher coverage levels.

Argued that generational norms around tattoos have evolved and that a standardized policy would help recruit and retain qualified law enforcement officers, noting that visible tattoos should not be disqualifying if not offensive or inappropriate.

Assemblywoman Walsh expressed concern that the chapter amendment to this bill, which passed unanimously last year, does not improve the original legislation. Walsh stated the original bill's purpose was to publish transparent and clear information regarding Medicaid reimbursement rates, but the chapter amendment creates ambiguity rather than clarity.

The bill removes a requirement that businesses be underwritten from a New York office to use the free trade zone, which will encourage competition and protect policyholders by keeping complex risks under regulatory oversight.

Sponsor argued that the $1.25 million requirement is preventing market entry and that Turo's competitor Getaround left the market citing this requirement. Noted that 48 other states operate without this additional requirement and that DFS does not object to the legislation.

Argued the bill modernizes a 30-year-old law by updating fixed amounts for inflation since 1998, adjusts subsidies, clarifies compliance provisions, and enables life insurers to recruit and retain agents to protect families in times of need.

Served on City Council 2002-2009 and stated every valid proposal was bumped by Mayor Bloomberg for non-substantive reasons. Called the bill a democratic proposal allowing voter input on a wide variety of proposals.

Served on City Council 2002-2009 and stated every valid proposal was bumped by Mayor Bloomberg for non-substantive reasons. Called the bill a democratic proposal allowing voter input on multiple proposals.

The bill will help millions of Americans of all ages who have suffered with stuttering and were unable to get needed therapy. No one should be denied help for stuttering because they cannot afford co-payments and therapy.

Assemblyman Gandolfo explained his affirmative vote, noting that Physicians' Reciprocal Insurers and EmPRO Insurance Company, which faced liquidation risk, have worked with the Department of Financial Services and no longer face likely liquidation. The industry expects this to be the final extension required.

Bill addresses consumer confusion from inconsistent policy definitions across insurers. DFS regulations would allow alternative definitions if equally favorable to policyholders, preserving customization where needed.

Legislation brings New York into alignment with 49 other states by allowing comprehensive wireless communication equipment protection plans. DFS has reviewed and has no objections.

Legislation brings New York into alignment with 49 other states by allowing comprehensive wireless communication equipment protection plans. DFS has reviewed and has no objections.