2014 New York Laws
ISC - Insurance
Article 59 - (5901 - 5913) RISK RETENTION GROUPS AND PURCHASING GROUPS
5906 - Security funds and compulsory associations.

  5906.  Security  funds  and  compulsory  associations.  (a) No risk
  retention group shall be required or permitted  to  join  or  contribute
  financially  to  any  insurance  insolvency  security  fund,  or similar
  mechanism, in this state, nor shall any risk  retention  group,  or  its
  insureds  or claimants against its insureds receive any benefit from any
  such fund for claims arising under the insurance policies issued by such
  risk retention group.
(b) When a purchasing group obtains insurance  covering  its  members'
  risks  from  an insurer not authorized in this state or a risk retention
  group, no such risks wherever resident or located shall  be  covered  by
  any  insurance  insolvency  security  fund  or similar mechanism in this
  state.
(c) The superintendent may require risk retention groups not chartered
  in this state to participate, and may  exempt  domestic  risk  retention
  groups  from  participation,  in any mechanism established or authorized
  under the law of  this  state  for  the  equitable  apportionment  among
  insurers  of  liability insurance risks or of liability insurance losses
  and expenses incurred on policies written through  such  mechanism,  and
  such  risk  retention  groups shall submit sufficient information to the
  superintendent  to  enable  the  superintendent  to   apportion   on   a
  non-discriminatory  basis the risk retention group's proportionate share
  of such risks or of such losses and expenses.