New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter X - Records
Part 243 - Standards Of Records Retention By Insurance Companies
Section 243.3 - Standards for maintenance and reproduction of records
Current through Register Vol. 45, No. 52, December 27, 2023
(a)
(b) The superintendent may perform on-site visits to determine that the insurer is in compliance with this Part.
(c) An insurer shall establish and maintain a records retention plan. The plan shall include a description of the types of records being retained, the method of retention, and the safeguards established to prevent alteration of the records. Such plan shall be provided to the superintendent upon request. The insurer shall certify the accuracy of any records that are provided in accordance with its record retention plan.
(d) Nothing in this Part shall be construed as requiring the utilization of any particular method of record retention by any insurer.