New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter A - Rules of General Application
Part 80 - Controlled insurers
Subpart 80-2 - Minimum Standards For Producer-controlled Insurers And Controlling Producers; Disclosure Requirements For Certain Other Producers
Section 80-2.1 - Definitions

(a) Affiliate has the meaning ascribed in section 107 (a)(4) of the Insurance Law.

(b) Control, in connection with a holding company system, has the meaning ascribed in section 1501 (a)(2) of the Insurance Law.

(c) Controlled insurer means an authorized property/casualty insurance company, as that term is defined in section 107 (a)(36) of the Insurance Law, which is:

(d) Controlling producer means a producer who is:

(e) Holding company means a person who directly or indirectly controls an authorized insurer, but does not include a person exempted under section 1502 of the Insurance Law.

(f) Holding company system means a holding company together with its controlled insurers and controlled persons.

(g) Parent means a person that has a subsidiary.

(h) Parent insurer means an authorized insurer which is a parent, directly or indirectly, of a controlled insurer, but does not include:

(i) Person means an individual, partnership, firm, association, corporation, joint-stock company, trust, any similar entity or any combination of the foregoing acting in concert.

(j) Producer means an insurance agent, insurance broker, or reinsurance intermediary, as those terms are defined in section 2101 of the Insurance Law.

(k) Subsidiary has the meaning ascribed by section 107(a)(40), and also includes a corporation deemed a subsidiary under section 1605 of the Insurance Law.