Sec. 153.11. Exemptions


Latest version.
  • This Part shall not apply to:
    (a) ocean marine cargo open policies issued or renewed to a foreign freight forwarder or custom house broker, as referred to in section 2101(c)(3) of the Insurance Law, covering the ongoing shipment of goods;
    (b) credit unemployment policies, as specified by section 1113(a)(24) of the Insurance Law; or
    (c) channeling, as specified in section 3436(a) of the Insurance Law, if and only to the extent that such program has been previously permitted by the superintendent prior to July 1, 1986.