New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter V. Rates and Rating Organizations |
Subchapter B. Commercial and Industrial Risks |
Part 153. Property/Casualty Insurance Group and Quasi-Group Standards |
Sec. 153.9. Tie-in sales prohibited
Latest version.
- No insurer shall provide coverage in regard to a group or quasi-group program if:(a) the purchase of any good or service from the group or sponsoring entity is a condition of purchasing insurance by a group member or quasi-group participant; or(b) the purchase of insurance by a group member or quasi-group participant is a condition of purchasing any good or service from the group or sponsoring entity.