State Codes and Statutes

Statutes > New-york > Isc > Article-23 > 2318

§ 2318. Risk sharing plans. Agreements may be made among insurers with  respect to the equitable apportionment among them of insurance which may  be  afforded applicants who are in good faith entitled to but are unable  to procure such insurance through ordinary methods,  and  such  insurers  may  agree  among themselves on the use of reasonable rate modifications  subject to the approval of the superintendent; but  this  section  shall  not apply to workers' compensation insurance.

State Codes and Statutes

Statutes > New-york > Isc > Article-23 > 2318

§ 2318. Risk sharing plans. Agreements may be made among insurers with  respect to the equitable apportionment among them of insurance which may  be  afforded applicants who are in good faith entitled to but are unable  to procure such insurance through ordinary methods,  and  such  insurers  may  agree  among themselves on the use of reasonable rate modifications  subject to the approval of the superintendent; but  this  section  shall  not apply to workers' compensation insurance.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Isc > Article-23 > 2318

§ 2318. Risk sharing plans. Agreements may be made among insurers with  respect to the equitable apportionment among them of insurance which may  be  afforded applicants who are in good faith entitled to but are unable  to procure such insurance through ordinary methods,  and  such  insurers  may  agree  among themselves on the use of reasonable rate modifications  subject to the approval of the superintendent; but  this  section  shall  not apply to workers' compensation insurance.