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Bill

A 7252

Limits certain regulations or orders promulgated by the superintendent related to term life insurance

2025 Regular Session Introduced by Sam Berger and 10 co-sponsors

Limits the superintendent's power to regulate term life insurance without explicit statutory authorization.

PRINT NUMBER 7252A
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WeVote Research Nonpartisan
Bill Summary · A 7252

Bill A 7252 — Summary

Overview

Bill A 7252, titled "Limits certain regulations or orders promulgated by the superintendent related to term life insurance," proposes to constrain the regulatory actions of the state superintendent (the office responsible for insurance regulation) specifically in relation to term life insurance. The bill is in print number 7252A.

Purpose and intent

  • The central aim appears to be to limit the scope or nature of regulations or executive orders that the superintendent may issue concerning term life insurance products.
  • By restricting regulatory actions, the bill seeks to define or narrow how term life insurance can be regulated outside of statutory changes.

Note: The available materials do not include the full text of the provisions. The summary below reflects the bill’s stated purpose based on the title and legislative actions available.

Key provisions (as indicated by the bill’s title)

  • Restriction on the superintendent’s authority: The bill would limit the superintendent’s ability to promulgate regulations or issue orders related to term life insurance without satisfying certain prerequisites or statutory requirements.
  • Scope limited to term life insurance: The restrictions apply specifically to regulations or orders concerning term life insurance products, not necessarily to other types of life insurance or insurance programs.

Important: The exact language, thresholds, exceptions, and procedural requirements are not provided in the material available. Readers should consult the full bill text for precise regulatory standards, definitions, and any sunset or transitional provisions.

Who would be affected

  • Insurance regulators (the superintendent) and the regulator’s staff.
  • Term life insurance issuers and intermediaries operating in jurisdictions covered by the bill.
  • Consumers and policyholders purchasing term life insurance, to the extent regulatory changes affect product design, pricing, disclosures, or protections.
  • Attorneys and industry groups focused on insurance regulation and consumer protections.

Procedural history and timeline

  • Introduced: March 21, 2025.
  • Legislative actions on March 21–24, 2025 include:
    • Referred to the Insurance committee.
    • Amendments (noted as “AMEND (T) AND RECOMMIT TO INSURANCE”) and subsequent printings.
    • Printed as PRINT NUMBER 7252A on March 24, 2025.
  • Sponsors:
    • Primary sponsor: J. Gary Pretlow
    • Cosponsors: Pamela J. Hunter, Grace Lee, Charles Lavine, Aron Wieder, Sam Berger, Josh Jensen, David Weprin, Paula Kay, Jen Lunsford, Kenneth Blankenbush.
  • Related bills and companions:
    • A 7449 (prior-session)
    • A 3673 (prior-session)
    • S 7286 (companion in the Senate)

Potential impact

  • Regulatory posture: If enacted, the bill would curtail or narrow the superintendent’s ability to issue term life insurance regulations or orders, potentially requiring more explicit statutory authorization for such actions.
  • Industry effects: Term life insurers and distributors might experience greater regulatory certainty or slower regulatory change, depending on the final text.
  • Consumer protections: Any change could indirectly affect disclosures, product availability, or pricing if the regulatory pathway for implementing protections is altered.
  • Legislative process: Given the amendments and recommittal, the bill may undergo further revisions before a final vote.

Next steps for readers

  • Review the full text of A 7252A for precise definitions, limits, exceptions, and effective dates.
  • Monitor committee hearings and floor votes in the Insurance committee and chamber to understand potential changes to the bill’s scope.

Compiled from official sources — confirm details with the bill’s official record.

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