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Committee on Consumer and Worker Protection

Thursday, August 13, 2026 · 10:45 AM AM · 250 Broadway - 8th Floor - Hearing Room 1

TL;DR

The Committee on Consumer and Worker Protection held hearings and approved four measures aimed at addressing rising insurance costs in New York City. The committee passed a local law to create an office of insurance affordability and three resolutions calling on the state legislature to pass insurance reform bills covering property insurance for affordable housing, auto insurance transparency, and homeowners' insurance rate caps.

Key Decisions

  • Local Law to establish an office of insurance affordability Passed
  • Resolution on property insurance costs for affordable housing (A.07828A/S.07939, A.9015, A.9016A) Passed
  • Resolution on Automobile Insurance Consumer Information Act (S.1196/A.3893) Passed
  • Resolution on homeowners' insurance rate cap limit of 25% per year (S.6356/A.4188) Passed
Agenda PDF Minutes PDF Video

Agenda

  1. Int 0685-2026 A Local Law to amend the New York city charter, in relation to establishing an office of insurance affordability
    Introduction
    Action: Hearing Held by Committee

    This Introduction was Hearing Held by Committee

  2. Res 0387-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, A.07828A/S.07939, A.9015 and A.9016A to mitigate the rising cost of property insurance for affordable housing
    Resolution
    Action: Hearing Held by Committee

    This Resolution was Hearing Held by Committee

  3. Res 0389-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, the Automobile Insurance Consumer Information Act (S.1196/A.3893)
    Resolution
    Action: Hearing Held by Committee

    This Resolution was Hearing Held by Committee

  4. Res 0395-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, S.6356/A.4188 prohibiting increases in rates of homeowners’ insurance in excess of twenty-five percent per year
    Resolution
    Action: Hearing Held by Committee

    This Resolution was Hearing Held by Committee

  5. Res 0389-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, the Automobile Insurance Consumer Information Act (S.1196/A.3893)
    Resolution
    Action: Amendment Proposed by Comm

    This Resolution was Amendment Proposed by Comm

  6. Res 0389-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, the Automobile Insurance Consumer Information Act (S.1196/A.3893)
    Resolution
    Action: Approved by Committee Passed

    A motion was made that this Resolution be Approved by Committee approved by Roll Call.

  7. Int 0685-2026 A Local Law to amend the New York city charter, in relation to establishing an office of insurance affordability
    Introduction
    Action: Approved by Committee Passed

    A motion was made that this Introduction be Approved by Committee approved by Roll Call.

  8. Int 0685-2026 A Local Law to amend the New York city charter, in relation to establishing an office of insurance affordability
    Introduction
    Action: Amendment Proposed by Comm

    This Introduction was Amendment Proposed by Comm

  9. Res 0387-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, A.07828A/S.07939, A.9015 and A.9016A to mitigate the rising cost of property insurance for affordable housing
    Resolution
    Action: Approved by Committee Passed

    A motion was made that this Resolution be Approved by Committee approved by Roll Call.

  10. Res 0389-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, the Automobile Insurance Consumer Information Act (S.1196/A.3893)
    Resolution
    Action: Amended by Committee

    This Resolution was Amended by Committee

  11. Res 0395-2026 Resolution calling on the New York State Legislature to pass, and the Governor to sign, S.6356/A.4188 prohibiting increases in rates of homeowners’ insurance in excess of twenty-five percent per year
    Resolution
    Action: Approved by Committee Passed

    A motion was made that this Resolution be Approved by Committee approved by Roll Call.

  12. Roll Call
  13. Int 0685-2026 A Local Law to amend the New York city charter, in relation to establishing an office of insurance affordability
    Introduction
    Action: Amended by Committee

    This Introduction was Amended by Committee