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state_legiscan_drain · NY

Establishes a captive insurance program for commuter vans, black cars, ambulettes and paratransit vehicles, small school buses, and charter buses that are engaged in the business of carrying or transporting nine to twenty-four passengers for hire; pre-arranged for-hire vehicles and accessible vehicles; defines terms.

February 12, 2025

Summary

If enacted, this bill would establish a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and charter buses that carry 9-24 passengers for hire, as well as pre-arranged for-hire vehicles and accessible vehicles. It defines terms and provides for the creation of a captive insurance entity to cover these vehicles.

Source: https://www.nysenate.gov/legislation/bills/2025/A5113

Common questions

What does "Establishes a captive insurance program for commuter vans, black cars, ambulettes and paratransit vehicles, small school buses, and charter buses that are engaged in the business of carrying or transporting nine to twenty-four passengers for hire; pre-arranged for-hire vehicles and accessible vehicles; defines terms." cover?
If enacted, this bill would establish a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and…
When was it published?
It was published on February 12, 2025.

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