1/19/11 N.Y. St. Reg. INS-45-10-00010-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
Amendment of Part 169 (Regulation 100) of Title 11 NYCRR.
Statutory authority:
Insurance Law, sections 201, 301, 2334, 2335, 2345 and 3425
Subject:
Noncommercial Private Passenger Automobile Insurance Merit Rating Plans.
Purpose:
The proposed rule raises the insurance premium surcharge threshold, for a motor vehicle accident, from $1,000 to $2,000.
Text or summary was published
in the November 10, 2010 issue of the Register, I.D. No. INS-45-10-00010-P.
Final rule as compared with last published rule:
No changes.
Text of rule and any required statements and analyses may be obtained from:
Andrew Mais, NYS Insurance Department, 25 Beaver Street, New York, NY 10004, (212) 480-5257, email:
amais@ins.state.ny.usAssessment of Public Comment
The agency received no public comment.