2012 New York Consolidated Laws
ISC - Insurance
Article 54 - (5401 - 5414) NEW YORK PROPERTY INSURANCE UNDERWRITING ASSOCIATION
5414 - Coastal market assistance program (C-MAP).

 
    § 5414. Coastal market assistance program (C-MAP). (a) The association
  shall  create a coastal market assistance program to provide a voluntary
  mechanism whereby insurers and insurance agents and  brokers  facilitate
  efficient access to participating private market insurance companies for
  those personal residential property risks located in coastal areas.
    (b)  To  provide  the  association with advice and assistance with the
  operations of the coastal market  assistance  program,  a  C-MAP  agents
  advisory  council  shall  be  established,  consisting  of  nine members
  appointed as follows: three members shall be appointed by the  governor,
  two members shall be appointed by the temporary president of the senate,
  two  members  shall  be  appointed  by  the speaker of the assembly, one
  member shall be appointed by the minority leader of the senate, and  one
  member  shall  be  appointed  by  the  minority  leader of the assembly,
  provided however that each member shall be  an  insurance  producer,  as
  defined  in  article  twenty-one  of this chapter, who sells homeowners'
  insurance in an area served by the coastal  market  assistance  program.
  The  superintendent,  or his or her designee, also may participate as an
  ex-officio member. Each member of such advisory council shall  serve  at
  the pleasure of the official who appointed such member.
    (c)  The  association  shall  administer the coastal market assistance
  program. The association may, subject to approval of the superintendent,
  adopt reasonable eligibility standards for participation in the  coastal
  market assistance program.
    (d) The C-MAP agents advisory council shall provide recommendations to
  the  association  for consideration by the board of directors. The board
  of directors shall promptly advise the superintendent,  in  writing,  of
  any recommendations received from the C-MAP agents advisory council.
    (e)  The  association  shall  study  and  may adopt a voluntary single
  adjuster  program,  under  which  a  residence  insured  under  both  an
  association  and  a  private  market policy would have claims under both
  policies adjusted by the private market  carrier.  The  association  may
  adopt  other  incentives  to  encourage  voluntary  participation in the
  coastal market assistance  program,  subject  to  the  approval  of  the
  superintendent.