New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter II. Agents, Brokers and Adjusters |
Part 27. Excess Line Placements Governing Standards |
11 CRR-NY II 27 Notes |
Sec. 27.0. Preamble and applicability |
Sec. 27.1. Definitions |
Sec. 27.2. Excess line broker license application and renewal |
Sec. 27.3. Submission of risk to authorized insurers |
Sec. 27.4. Binding authority |
Sec. 27.5. Supporting affidavits |
Sec. 27.6. Documents to be filed with excess line association |
Sec. 27.7. Reports to be filed by excess line association |
Sec. 27.8. Annual premium tax statement |
Sec. 27.9. Premium tax allocation |
Sec. 27.10. Policy form compliance |
Sec. 27.11. Prohibited activities |
Sec. 27.12. Service fees |
Sec. 27.13. Duty to inquire about unauthorized insurers |
Sec. 27.14. Filings by unauthorized insurers; authorization to receive premium |
Sec. 27.15. Advice to insureds and evidence of coverage |
Sec. 27.16. Delivery of policy or other documents and required legend; required notification |
Sec. 27.17. Assessment policies |
Sec. 27.18. Return premiums |
Sec. 27.19. Recordkeeping requirements |
Sec. 27.20. Unauthorized insurer's contractual obligations |
Sec. 27.21. Exemptions from electronic filing and submission requirements |
Sec. 27.22. Separability provision |
Sec. 27.23. [Repealed] |
Sec. 27.24. [Repealed] |