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Property Insurers: Selected Statutes, Regulations and CLs

Statutes, Regulations and Circular Letters for Property & Casualty Lines

These tables contain listings of statutes, department regulations, and circular letters referenced in Compliance Questionnaires and Review Standards Checklists for certain Property and Casualty Insurance Products.

New York Insurance Law (Statutes)

  • The complete New York State statutes are available on the New York State Legislature Laws of New York website.
SectionTitle
§107Definitions of terms of general use in this chapter
§403Prohibitions
§1101Definitions; doing an insurance business
§1113Kinds of insurance authorized
§1116Prepaid legal services plans and legal services insurance
§2303Standards for rates
§2304Rate making and supporting information
§2305Rates or rating plan; no prior approval; prior approval
§2306Delegation of rate filing obligation
§2307Rating classification or territories; policy forms
§2309Excess Rate
§2310Informational filings
§2328Certain motor vehicle insurance rates; prior approval
§2330No fault motor vehicle insurance rates; reflection of reduced exposure to loss
§2335Motor vehicle liability insurance rates;prohibition of surcharges for certain traffic infractions
§2336Motor vehicles liability, comprehensive and collision insurance rates; premium reductions in certain cases
§2336-aSnowmobile liability insurance rates; premium reductions in certain cases
§2343Medical malpractice insurance rates; special additional provisions regarding such rates
§2344Flexible rate limitations in problem markets
§2345Disclosure of premium reductions and surcharges
§2349Multi-tier program
§2350Flexible rating for nonbusiness automobile insurance policies
§2351Homeowners' insurance policies
§2601Unfair claim settlement practices; penalties.
§2606Discrimination because of race, color, creed, national origin, or disability
§2607Discrimination because of sex or marital status
§2608Discrimination because of treatment for a mental disability
§2609Discrimination in the issuance of performance or surety bonds
§2610Collision or comprehensive coverage on motor vehicles; claims; repairs
§3102Requirements for the use of readable and understandable insurance policies
§3105Representations by the insured
§3106Warranty defined; effect of breach
§3404Fire Insurance contracts; standard policy provisions; permissible variations
§3407Property insurance; proof of loss; notice of loss
§3407-aProperty/casualty insurance contract and policy standard provisions
§3408Fire insurance; appraisal of loss; procedure for selection of umpire on failure to agree
§3411Automobile physical damage insurance covering private passenger automobiles; standard provisions; required inspections, duties of insurer and insureds
§3412Automobile physical damage insurance covering private passenger automobiles; salvage; total losses; thefts; duties of insurers
§3420Liability insurance; standard provisions; right of injured person
§3425Certain property/casualty insurance policies; cancellation and renewal provisions; agents' contracts and brokers' account
§3426Commercial lines insurance; cancellation and renewal provisions
§3427Gap insurance; cancellation, renewal and other provisions
§3435Group property/casualty insurance
§3440Insurance covering private passenger motor vehicles; rental vehicle coverage
§3442Credit card, debit card, or checking account group policies
§3443Workers' compensation and employers' liability insurance; optional policyholder deductibles
§3444Flood insurance notice
§3445Windstorm insurance notice
§3446Product or System group insurance policies
§4106Stock companies; participating policies
Article 63Special Risks; Filing Exemption. Article 63 was amended on August 17, 2011 and became effective November 15, 2011.
§6503Limitations
§6905Policy forms and rates
§6909Relationship to security fund
§9110Motor vehicle law enforcement fee

Insurance Regulations

The unofficial online version of the New York Codes, Rules and Regulations (NYCRR) is available.

Regulation #Title
11NYCRR13 (Regulation 58)Mass Merchandising of Personal Property-Liability Insurance
11NYCRR16 (Regulation 86)Special Risk Insurance
11NYCRR60-1 (Regulation 35-A)Minimum Provisions for Automobile Liability Insurance Policies
11NYCRR60-2 (Regulation 35-D)Supplementary Uninsured Motorists Insurance
11NYCRR 64 (Regulation 35-B)Liability Insurance Covering All Terrain Vehicles
11NYCRR64-2 (Regulation 35-C)Liability Insurance Covering Snowmobiles
11NYCRR65 (Regulation 68)Regulations Implementing the Comprehensive Automobile Insurance Reparations Act
11NYCRR66 (Regulation 76)Surety Bonds Forms - Waiver of the Filing and Prior Approval Requirements of Article VII of the Insurance Law
11NYCRR67 (Regulation 79)Mandatory Underwriting Inspections Requirements for Private Passenger Automobiles
11NYCRR70 (Regulation 101)Medical Malpractice Insurance Rate Modifications, Provisional Rates, Required Policy Provisions and Availability of Additional Coverages
11NYCRR71 (Regulation 107)Legal Defense Costs in Liability Policies
11NYCRR72 (Regulation 110)Indemnification of Directors & Officers
11NYCRR73 (Regulation 121)Claims-Made Policies for Other Than Physicians and Surgeons
11 NYCRR 74.0 (Regulation 159)Homeowner's Insurance Disclosure Information
11NYCRR86 (Regulation 95)Reports of Suspected Insurance Frauds to Insurance Frauds Bureau; Required Warning Statements
11NYCRR152 (Regulation 124)Physicians and Surgeons Professional Insurance Merit Rating Plan; Risk Management Credits
11NYCRR153 (Regulation 135)Property/Casualty Insurance Group and Quasi-Group Standards
11NYCRR154 (Regulation 150)Private Passenger Motor Vehicle Insurance Multi-Tier Programs
11NYCRR160 (Regulation 57)To Interpret and Implement the Purposes and Provisions of the new Article VII-A of the Insurance Law, and to set forth the Responsibilities of Insurer Managements in the Construction and Application of Rates
11NYCRR161 (Regulation 129)Flexible-Rating System; Rating Plans; Tort Reform Refiling Requirements
11NYCRR163 (Regulation 153)Flexible rating for nonbusiness automobile insurance policies
11NYCRR169 (Regulation 100)Non-Commercial Private Passenger Automobile Insurance Merit Rating Plan
11NYCRR186 (Regulation 27-B)Insurance-Covering (a) Debtors or (b) Personal Property Purchased on Installment or Deferred Payment Plans
11NYCRR216 (Regulation 64)Unfair Claims Settlement Practices and Claim Cost Control Measures
11NYCRR262 (Regulation162)Legal Services Insurance
11NYCRR310 (Regulation 167)Product or System Group Insurance Policies
11NYCRR301 (Regulation 134)Purchasing Groups

Circular Letters

Circular Letter (CL) NumbersTitle
CL 1 (1980)Statutory Revisions affecting cancellation, nonrenewal, conditional renewal of commercial risk, professional liability & public entity Interpretation and enforcement of new statutory provisions relating to cancellation, nonrenewal, conditional renewal and alternative renewal of commercial lines insurance policies
CL 14 (1986)Interpretation and enforcement of new statutory provisions relating to cancellation, nonrenewal, conditional renewal and alternative renewal of commercial lines insurance policies
Supplement No 1 To CL 17 (1987)Scope, pricing and rating of commercial umbrella policies - workers' compensation and employers' liability coverages
CL 11 (1989)Statutory revisions affecting cancellation, conditional renewal and nonrenewal of commercial risk, professional liability and public entity insurance policies in New York State
Supplement to CL 11 (1989)Statutory Revisions affecting cancellation, conditional renewal and nonrenewal of commercial risk, professional liability and public entity insurance policies in NYS.
CL 11 (1992)Policy Declarations - Page(s) Requirements
CL 19 (1992)Prospective Loss Costs and New Reporting Forms
CL 6 (1994)Insurance Coverage for Discrimination Claims based upon Disparate Impact & Vicarious Liability
CL 13 (1994)Excess Workers' Comp. Insurance polices for Self-Insured Employers
CL 18 (1994)Flood Insurance Notice Required by NYIL §3444
CL 14 (1995)Force-Placed Insurance
Supplement No. 1 to CL 15 (1995)Implementation of chapter 305 of laws of 1995 increasing required minimum limits of liability for motor vehicle insurance (PDF)
Supplement No. 2 to CL 15 (1995)Implementation of chapter 305 of laws of 1995 increasing the required minimum limits of liability for motor vehicle insurance
CL 4 (1996)Individual Risk Reporting Forms
CL 18 (1997)Workers' Compensation Policies-Credit For Managed Care Programs
CL 11 (1998)Procedures for the Filing of Policy Forms, Rules and Rates
Supplement No 1 to CL 11 (1998)Optional Procedures for Obtaining Acknowledgement of Filings
Supplement No 2 to CL 11 (1998)Procedures for the Filing of Policy Forms, Rules and Rates
Supplement No 3 to CL 11 (1998)Optional Procedures for the Filing of Policy Forms, Rules and Rates
Supplement No 4 to CL 11 (1998)New Mandatory Rate Filing Sequence Checklist
CL 18 (1998)Increased minimum limits for bodily injury/personal injury protection for public autos subject to the rules of the NYC TLC
CL 22 (2000)Marine & Inland Marine Insurance
CL 14 (2003)Application of NYIL §2610(b)
Supplement No. 1 to CL 20 (2003)Motor Vehicle Liability and Collision Insurance Premium Reduction For Completion of an Accident Prevention Course Pursuant to Section 2336(a) and (d) of the New York Insurance Law