New York · 2025 Regular Session · Bill
S 2442: Enacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on certain findings
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 2442 is a bill introduced in the New York Senate on January 17, 2025. According to its official title, it concerns: Enacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on certain findings. Primary sponsor: Leroy Comrie (Democratic). It lists 5 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO INSURANCE.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Enacts the small insurer protection act prohibiting the filing of an application for an order of rehabilitation or liquidation of a small insurer on certain grounds unless such order is based on: the superintendent's adoption of a report on examination finding the company insolvent; or the annual or quarterly financial statements of the company, which show that the company's admitted assets do not exceed its liabilities and surplus to policyholders if the company does not maintain reserves in an amount determined reasonable by its independent loss reserve specialist or its appointed actuary.
Sponsors
Sponsors by party (alphabetical): Democratic 3 · Democratic/Working Families 1 · Republican 1 · Republican/Conservative/Independence/Reform 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Leroy Comrie | Primary sponsor | Democratic | Senate | 14 |
| Andrew Lanza | Co-sponsor | Republican/Conservative/Independence/Reform | Senate | 24 |
| Zellnor Myrie | Co-sponsor | Democratic | Senate | 20 |
| Tony Palumbo | Co-sponsor | Republican | Senate | 1 |
| Kevin Parker | Co-sponsor | Democratic/Working Families | Senate | 21 |
| Toby Stavisky | Co-sponsor | Democratic | Senate | 11 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO INSURANCE
- REFERRED TO INSURANCE