New York · 2025 Regular Session · Bill

S 5305: Relates to the formation of mutual holding companies by certain domestic mutual property/casualty insurers and the reorganization in connection therewith of a domestic mutual property/casualty insurer

In committee Last action January 7, 2026: REFERRED TO INSURANCE

Plain-language summary

S 5305 is a bill introduced in the New York Senate on February 20, 2025. According to its official title, it concerns: Relates to the formation of mutual holding companies by certain domestic mutual property/casualty insurers and the reorganization in connection therewith of a domestic mutual property/casualty insurer. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO INSURANCE.

Sponsors

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