Create Office to Help Residents with Insurance Problems
In committee as of May 26, 2026Under review by an assigned committee.
✦ Plain-Language Summary
This bill would create a new city office to help New Yorkers deal with insurance issues. The office would provide guidance on choosing insurance plans, track bad practices by insurance companies, and have staff to help residents resolve insurance problems. It would also study insurance costs and make recommendations to help keep insurance affordable.
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Details
- Introduced
- Feb 24, 2026
- Body
- Committee on Consumer and Worker Protection
- Type
- Introduction
- Status
- Laid Over in Committee
Sponsors (5)
Official Description
This bill would establish an Office of Insurance Accountability. The office would provide information on types of insurance and issue generalized guidance for consumers on selecting insurance plans; track legal actions alleging deceptive, fraudulent, or other unfair practices by insurance companies that harm consumers who purchase or seek to purchase insurance products and alert the public to relevant findings; conduct an annual study and issue reports on the cost of insurance and the factors that contribute to the cost of insurance; provide recommendations relating to stabilizing or lowering insurance costs; and create a unit to assist consumers in resolving insurance-related issues, headed by an insurance accountability advocate.