New York State Senate Joint Public Hearing - 11/18/2025

New York State Senate (Insurance; Housing, Construction & Community Development; Investigations & Governmental Operations) · November 20, 2025

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Hearing called to order; purpose

Presentation

0:01 → 4:53(4m 52s)

Senator Brian Kavanaugh opened the joint public hearing on residential property insurance across New York, framed the scope (single-family, multifamily, co‑ops, condos, rentals) and outlined prior investigative work including insurer questionnaires and planned report ahead of the 2026 session.

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Joint New York State Senate hearing examining rising costs and availability of residential property insurance, with testimony from the acting superintendent of DFS, industry trade groups, housing providers, consumer advocates and insurers. Lawmakers pressed regulators and insurers about rate drivers, data gaps, fraud, and proposals for mitigation and relief.

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