New York · 2025 Regular Session · Bill

S 4963: Requires the superintendent of financial services to promulgate regulations which provide standardized definitions for commonly used terms and phrases in certain insurance policies

In committee Last action June 11, 2025: SUBSTITUTED BY A1572

Plain-language summary

S 4963 is a bill introduced in the New York Senate on February 14, 2025. According to its official title, it concerns: Requires the superintendent of financial services to promulgate regulations which provide standardized definitions for commonly used terms and phrases in certain insurance policies. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (June 11, 2025): SUBSTITUTED BY A1572.

Sponsors

Primary sponsor: Jamaal Bailey (Democratic/Working Families).