Makes provisions relating to the New York compensation insurance rating board's authorization to make filings with the department of financial services permanent.
Makes provisions relating to the New York compensation insurance rating board's authorization to make filings with the department of financial services permanent.
Requires the department of state to review filings for fraud; provides that the department of state shall charge no fee for the dissolution or modification of a business corporation created by fraud; provides an administrative procedure to address fraudulent entity filings.
Relates to notifying an insured of a rate filing increase or decrease for long term care; provides such notification shall include instructions on how to submit comments on such rate filing.
Relates to notifying an insured of a rate filing increase or decrease for long term care; provides such notification shall include instructions on how to submit comments on such rate filing.
Relates to the annual statement of financial disclosure and the posting of financial disclosure filings for candidates for statewide elected office or candidates for a member of the legislature.
Requires rate filings for prior approval for commercial property insurance, commercial general liability insurance, and personal residential property insurance; requires insurers provide written explanations for premium increases in certain covered policies; requires certain insurers of homeowners' insurance to refile its homeowners' insurance rates and, in certain circumstances, be required to reduce rates.