New York Codes, Rules and Regulations
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
Section 153.8 - Compulsory participation prohibited
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 153.8
Current through Register Vol. 46, No. 39, September 25, 2024
No insurer shall provide coverage in regard to a group or quasi-group program that:
(a) requires the purchase of insurance as a condition of group membership or quasi-group participation; or
(b) imposes any penalty upon a group member or quasi-group participant if insurance is not purchased.
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