Establishes an online insurance verification system for motor vehicle insurance

This bill creates an online system for verifying motor vehicle insurance coverage in New York State. It requires insurance companies to submit electronic notices to the state commissioner whenever a policy is issued or cancelled, with specific deadlines for these reports. The legislation also mandates that a vehicle's insurance cancellation does not become effective until the state has received and processed this notice or verified the status online. Additionally, the bill directs the creation of an up-to-date database to help identify uninsured vehicles by collecting detailed policy information from insurers.