December 21, 1987

SUBJECT: INSURANCE

Circular Letter No. 2 (1987)

WITHDRAWN

TO: All Subscribers of the New York Automobile Insurance Plan

In order to obtain information to make informed decisions regarding automobile physical damage insurance in the New York Automobile Insurance Plan, you are required to supply this Department with your. New York Automobile Insurance Plan experience, delineated separately by collision and comprehensive coverages, for calendar years 1984, 5 and 1986. This information is to be further broken down by territory, including total physical damage premiums written and earned, number of car years written and earned, number of incurred claims and the amount of incurred losses (including allocated loss adjustment expense). The figures sought are for private passenger automobile business only.

The information should be furnished for the following territories: Bronx (territories 01 and 03), Queens (territories 19 and 55), Manhattan (territory 18), Brooklyn (territory 17) and Staten Island (territory 05); Nassau County and Suffolk County grouped together as one reporting area (territories 20, 21, 22, 75 and 76) and the balance of the state as another reporting area. The information supplied should include a total for the entire state.

Forms pertaining to the territorial breakdowns are attached. We request that said forms be completed in full for each territory and reporting area in providing the information.

This information is to be furnished by February 15, 1988, and should be sent to:

Harvey J. Grossman, Senior Insurance Examiner

New York State Insurance Department

160 West Broadway

New York, New York 10013

Any inquiries concerning this letter should be directed to William F. Allmendinger, Principal Insurance Examiner, at the above address or telephonically at (212)602-0337.

Very truly yours

[SIGNATURE]

JAMES P. CORCORAN

Superintendent of Insurance

 

NOTE: The form should be completed for each territory and reporting area referred to in the