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Bill

S 6569

Relates to enacting the certificate of insurance reliability act (CIRA)

2025 Regular Session Introduced by Jamaal Bailey

Establishes standards to issue and verify certificates of insurance, improving reliability of proof of coverage in contracts, procurements, and risk-related transactions.

REFERRED TO INSURANCE
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WeVote Research Nonpartisan
Bill Summary · S 6569

Summary: S 6569 — Certificate of Insurance Reliability Act (CIRA)

Basic bill information

  • Bill number: S 6569
  • Title: Relates to enacting the certificate of insurance reliability act (CIRA)
  • Status: REFERRED TO INSURANCE
  • Introduced: March 17, 2025
  • Classification: bill
  • Sponsor: Jamaal Bailey (primary)

Legislative actions

  • 2025-03-17: REFERRED TO INSURANCE
  • 2025-03-17: REFERRED TO INSURANCE (duplicate entry)

Related legislation

  • A 10564 (prior-session)
  • A 3802 (companion) — listed (two times in the record)

Notes:
- The Assembly companion is A 3802. The presence of companion bills often indicates a coordinated effort across chambers to advance similar provisions.

Purpose and intent (inferred from title)

The bill intends to enact the “Certificate of Insurance Reliability Act” (CIRA). While the full text is not provided here, the title suggests a framework to establish, regulate, or standardize the use and verification of certificates of insurance to improve reliability in proof of insurance for transactions such as contracting, procurement, and other business activities involving risk transfer.

What would be regulated or required (provisions to expect)

The exact statutory provisions are not included in the provided material. In bills with similar aims, typical components often addressed include:
- Definitions of key terms (certificate of insurance, insured, insurer, certificate holder, etc.).
- Standards for the issuance and verification of certificates of insurance.
- Procedures for verifying authenticity and preventing fraudulent certificates.
- Responsibilities of insurers, insureds, and third-party verifiers.
- Penalties or enforcement mechanisms for non-compliance or misrepresentation.
- Effective dates and phased implementation timelines.
- Oversight and regulatory authority (likely the state Department of Insurance).
- Interaction with existing insurance contracting requirements and procurement rules.

Note: The above可能 components are speculative and would be outlined specifically in the bill’s text.

Who would be affected

  • Insurance carriers and agents who issue certificates of insurance.
  • Policyholders and insured entities requiring verification of coverage.
  • Government agencies, public agencies, and private entities involved in procurement, contracting, or risk management that rely on certificates of insurance.
  • Third-party verifiers or administrators tasked with confirming authenticity of insurance documents.

Procedural and timeline aspects

  • Introduced and referred to the Insurance committee on March 17, 2025.
  • The bill’s progression will depend on committee action (hearing, amendments) and subsequent floor votes.
  • The existence of a companion bill (A 3802) indicates parallel consideration in another chamber, which can influence timing and potential compromise language.

Next steps for readers

  • Review the full text of S 6569 to confirm the exact definitions, requirements, enforcement provisions, and effective dates.
  • Compare S 6569 with its Assembly companion A 3802 and prior-session A 10564 to understand differences or similarities in scope and approach.
  • Monitor committee hearings and amendments in the Insurance committee for updates on how the bill may be shaped before any floor votes.

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

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