Legislators try again on automobile insurance laws
Faced with some of the highest auto-insurance in the country and constitutional for two years on how they down, legislative guide today announced that a new attempt to amend the Insurance of New York.
The theme was reopened, Joseph L. Bruno, a Republican, was appointed head of the majority of the Senate a press conference to say he was still the same package of amendments proposed by insurance, last year, and I give them a higher priority . Unlike last year, he also urged its members to a conference with the Committee to the Assembly, their differences and get a set of accounts on which both parties could accept.
Mr. Bruno adopted proposals, but the Senate did the Assembly during the last year.
His bill would increase penalties for individuals, insurance fraud and the extension of 30 days the time allowed insurance companies to consider fraudulent claims.
The package would also be provided an additional $ 2 million for local police and prosecutors in the fight against fraud. It also asks that the state still has a law, in the year 2001 has expired, insurance companies can increase or reduce insurance rates up to 7 percent without the agreement prior government insurance department.
Assemblyman Alexander B. Grannis, a Democrat, is chairman of the Insurance Committee, said the Senate were proposals to benefit insurance companies. He criticized the proposal to restore the law on exchange rates.
”They are under the Law and Order approach to insurance fraud,”he said. ”This problem is much more than the increase of sanctions.”
Mr. Grannis said he would reconvene its own account, from the assembly last year, when more consumers are demanding protection mechanisms, such as a freeze on insurance rates, with a possible cut up 17 per cent over the next year and a half. His proposal is also required that consumers assurance to enter, it would be consumers of insurance before the service.
The assurance of the economy said fraud and other claims Süchte they cost more than $ 1 billion per year. The decline should be of these economies, “said Grannis.
Blair Horner, legislative power and the director of the New York Public Interest Research Group, said his group supports the House changes because of its emphasis on consumer rights.
But Mr. Bruno and critics, including insurance lobbyists said it would be binding rates discourage competition and perhaps drive insurance companies from the state budget and that consumers are in favour of a double effort on the part of the Public Prosecution Office and other agencies.
Mr. Bruno said the Assembly was guilty of failure to make progress.
But, “said Grannis head of the House had asked a committee of the conference last year by the Senate, without result.
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