Gov. Hochul Signs DMV Insurance Verification Modernization Bill
Abstract: A new auto insurance online verification system is coming to New York in three years, thanks to a bill approved yesterday. Body: A new auto insurance online verification system is coming to New York in three years, thanks to a bill approved yesterday. New York Gov. Kathy Hochul signed into law Senate Bill 5331-A, establishing the modernized system. Senate Insurance Committee Chair Jamaal T. Bailey (D – Bronx, Westchester) and Assembly Insurance Committee Chair David I. Weprin (D - Queens) sponsored the measure. This much-needed reform replaces the 25-year-old Insurance Information and Enforcement System (IIES). For decades, IIES has frustrated drivers, agents, and insurers…