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A02109 Summary:

BILL NOA02109
 
SAME ASNo Same As
 
SPONSORBlankenbush
 
COSPNSRBrabenec, DeStefano, Durso, Goodell, Hawley, McDonough
 
MLTSPNSR
 
Add 5110 & 405-a, amd 5102, 5103, 5108, 5106 & 5303, Ins L; amd Pen L, generally; amd 846-m, Exec L
 
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.
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