New York legislation · 2025-2026 General Assembly
New York A11724: Requires property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services
Status: In committee, September 16, 2026
Requires property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services to evaluate underwriting practices and risk assessment methodologies.
What the bill says
An act to amend the insurance law, in relation to requiring property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services.
From the introduced text, September 16, 2026:
AN ACT to amend the insurance law, in relation to requiring property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. The insurance law is amended by adding a new section 338 to read as follows: § 338. ACCESS TO UNDERWRITING MODELS AND CLAIM DATA. (A) DEFINITIONS. FOR PURPOSES OF THIS SECTION: (1) "UNDERWRITING MODEL" MEANS ANY ALGORITHM, FORMULA, OR STRUCTURED METHODOLOGY USED BY A PROPERTY/CASUALTY CARRIER TO ASSESS RISK, DETERMINE PREMIUMS, OR EVALUATE ELIGIBILITY FOR COVERAGE. (2) "GRANULAR CLAIM DATA" MEANS DETAILED, RECORD-LEVEL INFORMATION REGARDING CLAIMS, INCLUDING BUT NOT LIMITED TO CLAIM TYPE, AMOUNT, DATE, GEOGRAPHIC LOCATION, AND RESOLUTION STATUS. (3) "MUTUALLY AGREED DEPARTMENT STAFF" MEANS EMPLOYEES OR AGENTS OF THE DEPARTMENT DESIGNATED BY THE SUPERINTENDENT AND AGREED UPON WITH THE PROPERTY/CASUALTY INSURANCE CARRIER FOR PURPOSES OF REVIEW. (B) ACCESS TO UNDERWRITING MODELS. EVERY PROPERTY/CASUALTY INSURANCE CARRIER AUTHORIZED TO DO BUSINESS IN THIS STATE SHALL PROVIDE ACCESS TO ITS UNDERWRITING MODELS TO MUTUALLY AGREED DEPARTMENT STAFF, UPON REQUEST OF THE SUPERINTENDENT. (C) ACCESS TO GRANULAR CLAIM DATA. IN THE EVENT THAT UNDERWRITING MODELS ARE NOT AVAILABLE, A PROPERTY/CASUALTY INSURANCE CARRIER SHALL PROVIDE ACCESS TO GRANULAR CLAIM DATA TO MUTUALLY AGREED DEPARTMENT …
Sponsors
- Linda Rosenthal (D, 67) · primary sponsor
Latest actions
- : REFERRED TO INSURANCE
Subjects: Insurance Law
Common questions
- What is A11724?
- A11724 is a bill in the New York Legislature (2025-2026 General Assembly): Requires property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services.
- What does A11724 do?
- In its own words: An act to amend the insurance law, in relation to requiring property/casualty insurance carriers to provide access to underwriting models or granular claim data to the department of financial services.
- What is the status of A11724?
- In committee as of September 16, 2026. Latest action: REFERRED TO INSURANCE (September 16, 2026).
- Who sponsored A11724?
- Linda Rosenthal (D, 67).
- Where is the official record for A11724?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A11724
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.