2013 New York Consolidated Laws
ISC - Insurance
Article 23 - (2301 - 2352) PROPERTY/CASUALTY INSURANCE RATES
2352 - Multiple rating programs.

 
    §  2352. Multiple rating programs. (a) Subject to the superintendent's
  prior approval, an insurer may establish more than  one  rating  program
  within  the  same  company for policies of insurance that are subject to
  section  three  thousand  four  hundred  twenty-five  of  this  chapter;
  provided that:
    (1)  each rating program shall apply only to policies newly written on
  or after the effective date of the  rating  program  but  prior  to  the
  effective  date  of  any  subsequently approved rating program; provided
  however if an insurer terminates a  rating  program,  then  the  insurer
  shall  renew  the  policies  that  were subject to the terminated rating
  program in a subsequently approved rating program.
    (2) the provisions of subsection (f) of section  three  thousand  four
  hundred  twenty-five  and  subsection  (b) of section two thousand three
  hundred forty-nine of this chapter  shall  be  applied  to  each  rating
  program separately.
    (b)  The  superintendent  may  promulgate  rules  and  regulations  to
  implement the provisions of this section.