Bill A10364 requires auto insurers to disclose telematics use for rates/discounts. Specifics are not confirmed due to lack of full bill text.
If you are an auto insurer in NY, you must disclose telematics use for rates/discounts.
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What This Means
New York's Bill A10364 mandates that automobile insurers disclose their use of telematics systems in determining insurance rates and discounts. Specifics are not confirmed.
Key Provisions
- The bill requires disclosures by automobile insurers regarding telematics systems. Specifics on data types, usage, and impact on rates are not confirmed.
- Disclosures must be clear, but the format and timing are not confirmed from the full bill text.
Latest Legislative Action
referred to insurance
Bill Sponsors
| Name | Role |
|---|---|
| Charles Lavine D | Primary |
| NOLAN | Primary |
| Rules Committee | Primary |
| SIMOTAS | Primary |
| OTIS | Cosponsor |
Compliance Checklist
Who: Insurers and telematics vendors
Deadline: By 2026
Penalty: Regulatory scrutiny and potential penalties
Who: Insurers and telematics vendors
Deadline: By 2026
Penalty: Regulatory scrutiny and potential penalties
Who: Insurers and telematics vendors
Deadline: By 2026
Penalty: Regulatory scrutiny and potential penalties
Related & Companion Bills
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