2013 New York Consolidated Laws
ISC - Insurance
Article 28 - (2801 - 2809) USE OF CREDIT INFORMATION
2803 - Dispute resolution and error correction.

 
    §  2803.  Dispute resolution and error correction. If it is determined
  through the dispute resolution process set forth  in  the  federal  Fair
  Credit Reporting Act, 15 USC 1681i(a)(5), that the credit information of
  a  current  insured  was  incorrect  or  incomplete  and  if the insurer
  receives notice of such determination from either the consumer reporting
  agency or from the insured, the insurer shall re-underwrite and  re-rate
  the  consumer  within  thirty  days  of  receiving  such  notice.  After
  re-underwriting or re-rating the insured, the  insurer  shall  make  any
  adjustments  necessary,  consistent  with  its  underwriting  and rating
  guidelines. If an insurer  determines  that  the  insured  has  overpaid
  premium,  the  insurer  shall  refund  to  the  insured  the  amount  of
  overpayment calculated back to the last thirty-six  months  of  coverage
  provided by such insurer.