Title ISC, Insurance

§ 2105. Excess line brokers; licensing. (a) The superintendent may\nissue an excess line broker's license to any person, firm, association\nor corporation who or which is licensed as an insurance broker under\nsection two thousand one hundred four of this article, or who or whic…

§ 2106. Reinsurance intermediaries; licensing. (a) (1) The\nsuperintendent may issue a reinsurance intermediary's license to any\nperson, firm, association or corporation who or which has complied with\nthe requirements of this chapter.\n (2) Any such license issued to a firm or…

§ 2107. Insurance consultants; licensing and duties. (a) (1) The\nsuperintendent may issue an insurance consultant's license to any\nperson, firm, association or corporation who or which has complied with\nthe requirements of this chapter with respect to either: life insurance,\…

§ 2108. Adjusters; licensing and duties. (a) (1) Adjusters shall be\nlicensed as independent adjusters or as public adjusters.\n (2) The superintendent may prescribe the types of independent\nadjusters' licenses according to the kind or kinds of insurance claims\nwhich the licen…

§ 2109. Agents and brokers; temporary license in case of death,\nservice in armed forces or disability. (a) The superintendent may issue\na temporary insurance agent's license, title insurance agent's license\nor insurance broker's license, or both an insurance agent's and\ninsu…

§ 2110. Revocation or suspension of license of insurance producer,\ninsurance consultant, adjuster or life settlement broker. (a) The\nsuperintendent may refuse to renew, revoke, or may suspend for a period\nthe superintendent determines the license of any insurance producer,\ni…

§ 2111. Revoked licensees. (a) (1) No individual, corporation,\npartnership, association, firm or entity subject to the provisions of\nthis chapter whose license under this article has been revoked, or whose\nlicense to engage in the business of insurance in any capacity has bee…

§ 2112. Certificate of appointment of an insurance producer to act as\nan agent and notice of termination of an insurance producer. (a) Every\ninsurer, fraternal benefit society or health maintenance organization\ndoing business in this state shall file a certificate of appointm…

§ 2113. Title insurance agent commissions; disclosure. (a) No insurer\ndoing business in this state, and no agent or other representative\nthereof, shall pay any commission or other compensation to any person,\nfirm, association or corporation for acting as a title insurance age…

§ 2114. Life, accident and health insurance agents; commissions. (a)\n(1) No insurer or fraternal benefit society doing business in this state\nshall pay any commission or other compensation to any person, firm or\ncorporation, for any services in obtaining in this state any new…

§ 2115. Property/casualty insurance agents; commissions. (a) * (1) No\ninsurer doing business in this state, and no agent or other\nrepresentative thereof, except as provided in subsection (b) hereof,\nshall pay any commission or other compensation to any person, firm,\nassociat…

* § 2116. Insurance brokers; commissions. No insurer authorized to do\nbusiness in this state, and no officer, agent or other representative\nthereof, shall pay any money or give any other thing of value to any\nperson, firm, association or corporation for or because of his or i…

§ 2117. Acting for or aiding unlicensed or unauthorized insurers or\nhealth maintenance organizations. (a) No person, firm, association or\ncorporation shall in this state act as agent for any insurer or health\nmaintenance organization which is not licensed or authorized to do …

§ 2118. Excess line brokers; duties. (a) (1) Every licensee licensed\npursuant to section two thousand one hundred five of this article shall\nbe required to use due care in selecting the unauthorized insurer from\nwhom policies are procured under his license.\n (2) (A) No polic…

§ 2119. Insurance agents, brokers, consultants, life settlement\nbrokers, and title insurance agents; written contract for compensation;\nexcess charges prohibited.\n (a) (1) No person licensed as an insurance agent, broker or consultant\nmay receive any fee, commission or thing…

§ 2120. Fiduciary capacity of insurance agents, title insurance\nagents, insurance brokers and reinsurance intermediaries.\n (a) Every insurance agent, title insurance agent, and insurance broker\nacting as such in this state shall be responsible in a fiduciary\ncapacity for all…

§ 2121. Broker authorized to receive premium, when. (a) Any insurer\nwhich delivers in this state to any insurance broker or any insured\nrepresented by such broker a contract of insurance pursuant to the\napplication or request of such broker, acting for an insured other than\n…

§ 2122. Advertising by insurance producers.\n (a) (1) No insurance producer shall make or issue in this state any\nadvertisement, sign, pamphlet, circular, card or other public\nannouncement purporting to make known the financial condition of any\ninsurer, unless the same shall …

§ 2123. Misrepresentations, misleading statements and incomplete\ncomparisons. (a) (1) No agent or representative of any insurer or health\nmaintenance organization authorized to transact life, accident or health\ninsurance or health maintenance organization business in this sta…

§ 2124. Stay or suspension of superintendent's determination. The\ncommencement of a proceeding under article seventy-eight of the civil\npractice law and rules, to review the action of the superintendent in\nsuspending or revoking or refusing to renew any certificate under this…

§ 2125. Marine insurance; acting as agent, broker or insurer of\npersons without insurable interest. (a) No person, firm, association or\ncorporation shall knowingly act as insurance agent or act as insurance\nbroker in this state, or shall as insurer knowingly act in this state…

§ 2126. Impersonation at examinations prohibited. No person shall\nimpersonate any other person, or permit or aid in any manner any other\nperson to impersonate him, in connection with any examination held in\naccordance with the provisions of this chapter.\n

§ 2127. Penalties for violations. (a) The superintendent, in lieu of\nrevoking or suspending the license of a licensee in accordance with the\nprovisions of this article, may in any one proceeding by order, require\nthe licensee to pay to the people of this state a penalty in a …

§ 2128. Commission and fee sharing prohibited. (a) Notwithstanding the\nprovisions of sections two thousand three hundred twenty-four and four\nthousand two hundred twenty-four of this chapter, no licensee subject to\nthis article shall receive any commissions or fees or shares …

§ 2129. Duty to have an agent or broker at each place of business.\n(a) Each place of business established by the holder of an agent and/or\nbroker license shall be under the supervision of one or more persons\nlicensed to do the kinds of business transacted in that office. The\…

§ 213. New York state health care quality and cost containment\ncommission. (a) There is hereby established within the department a\ncommission, to be known as the "New York state health care quality and\ncost containment commission". The commission shall consist of thirteen\nme…

* § 2130. Excess line association. (a) There is hereby created a\nnon-profit association to be known as the excess line association of New\nYork. All excess line licensees shall be deemed to be members of the\nassociation. The association must perform its functions under the pla…

§ 2131. Limited license for rental vehicle companies, peer-to-peer car\nsharing program administrators, wireless communications equipment\nvendors and self-service storage companies. (a) The superintendent may\nissue to a rental vehicle company, a peer-to-peer car sharing progra…

§ 2132. Continuing education. (a) This section shall apply to resident\nand non-resident persons licensed pursuant to this article with respect\nto:\n (1) life insurance, annuity contracts, variable annuity contracts and\nvariable life insurance;\n (2) sickness, accident and hea…

§ 2133. Forged insurance identification cards. Any insurance company,\ninsurance agent, insurance broker or other person who or which,\npersonally or by the action of an employee or agent, possesses,\ntransfers or uses a forged insurance identification card for a motor\nvehicle,…

§ 2134. Change of address. (a) A licensee under this article shall\ninform the superintendent by a means acceptable to the superintendent of\na change of address within thirty days of the change.\n (b) In addition to the requirements of subsection (a) of this section,\na nonresi…

§ 2135. Administration of certain functions. The superintendent may\ndesignate the National Association of Insurance Commissioners (NAIC) or\nany affiliates or subsidiaries that the NAIC oversees to perform\nministerial functions, including the collection of fees, related to\npr…

§ 2136. Reciprocity. The superintendent shall waive any requirements\nfor a nonresident license applicant otherwise applicable under this\nchapter if:\n (a) the applicant has a current and valid license in his or her home\nstate and is in good standing in his or her home state;\…

§ 2137. Life settlement brokers; licensing. (a) The superintendent may\nissue a license to any individual, firm, association or corporation who\nor that has complied with the requirements of this chapter, authorizing\nthe licensee to act as a life settlement broker.\n (b) Any su…

§ 2138. Health benefit exchange navigators. A person who has received\na grant from and has been certified by the health benefit exchange\nestablished pursuant to section 1311 of the affordable care act, 42\nU.S.C. § 18031, to act as a navigator, including any person employed by…

§ 2139. Title insurance agents; licensing. (a) The superintendent may\nissue a license to any person, firm, association or corporation that has\ncomplied with the requirements of this chapter, authorizing the licensee\nto act as a title insurance agent of any authorized title in…

§ 214. Report on insurance agent licensing examinations. The\nsuperintendent shall perform a study of the insurance agent licensure\nexaminations required pursuant to section two thousand one hundred three\nof this chapter. The study shall, at a minimum, include the total number…

§ 2140. Restrictions on insurance producers procuring immigration\nbonds. (a) No insurance producer shall require the use of an electronic\nmonitoring device as a condition of immigration bail. For the purposes\nof this section, an "electronic monitoring device" includes any dev…

§ 2201. Certification. Every officer or employee of a licensed insurer\nor of a savings bank, other than a duly licensed agent, who in any\noffice of such insurer or of any savings bank, as a part of his duties,\nnegotiates for applications or orders for life insurance or annuit…

§ 2202. Prerequisites. (a) Certification shall not be made by the\nsuperintendent unless there shall be on file in his office the following\ndocuments:\n (1) a written application by the person to be certified in such form\nand containing such information the superintendent pres…

§ 2203. Issuance and duration. (a) The superintendent shall issue to\nthe insurer or the savings bank, a certificate with respect to each such\napplicant who has complied with the requirements of this article.\n (b) Any certificate currently in force issued to an officer or\nemp…

§ 2204. Revocation or suspension. (a) The superintendent may revoke,\nor may suspend for such period as he may determine, any certificate if\nhe determines that the person named in the certificate has:\n (1) violated any provision of, or any obligation imposed by this\nchapter o…

§ 2205. Prohibitions. (a) It shall be unlawful for any officer or\nemployee of a licensed insurer or of a savings bank, other than a duly\nlicensed agent, as a part of his duties, to negotiate for applications\nor orders for life insurance or annuity contracts or to solicit or\n…

§ 2206. Termination of services. (a) Every insurer or savings bank\nshall, upon the termination of the services of any officer or employee\ncertified under this article, forthwith file with the superintendent a\nstatement, in such form as the superintendent prescribes, of the ca…

§ 2207. Transfer. The superintendent is authorized to transfer the\ncertification of any person issued pursuant to this article from one\ninsurer or savings bank to another insurer or savings bank, without\nexamination.\n

§ 2208. Misleading statements. Every person who has been certified\npursuant to the provisions of this article shall be subject to sections\ntwo thousand one hundred twenty-two, two thousand one hundred\ntwenty-three and two thousand one hundred twenty-seven of this chapter.\n

§ 2209. Stay or suspension of superintendent's determination. The\ncommencement of a proceeding under article seventy-eight of the civil\npractice law and rules, to review any action by the superintendent in\nissuing or in refusing to issue, or in suspending or revoking, or in\n…

§ 2301. Purpose. The purpose of this article is to promote the public\nwelfare by regulating insurance rates to the end that they not be\nexcessive, inadequate or unfairly discriminatory, to promote price\ncompetition and competitive behavior among insurers, to provide rates\nth…

§ 2302. Applicability. (a) This article shall apply to all kinds of\ninsurance written on risks or operations in this state by an insurer\nauthorized to do business in this state except:\n (1) reinsurance (other than joint reinsurance to the extent stated in\nsection two thousan…

§ 2303. Standards for rates. Rates shall not be excessive, inadequate,\nunfairly discriminatory, destructive of competition or detrimental to\nthe solvency of insurers. In determining whether rates comply with the\nforegoing standards, the superintendent shall include all income…