Establishes an online insurance verification system for motor vehicle insurance

This bill creates an online system for verifying motor vehicle insurance status in New York, requiring insurance companies to report policy cancellations and new issuances to the state. Insurers must submit these notices electronically or via paper, with specific deadlines for reporting policy endings and new policies. The state will use this data to maintain a database that helps identify uninsured vehicles and ensures that insurance coverage remains valid until a cancellation is officially recorded or a new policy is obtained.