2019 New York Laws
ISC - Insurance
Article 23 - Property/casualty Insurance Rates
2322 - Final Determination; Procedure on Orders Without Hearing.

Universal Citation: NY Ins L § 2322 (2019)
§ 2322. Final determination; procedure on orders without hearing.  (a)
After  a  final  determination  against  an  insurer,  the amount of any
overcharge  received  by  such  insurer  during  the  pendency  of   the
proceedings, with interest thereon, shall upon demand be refunded by the
insurer to the persons entitled thereto.

(b) Any insurer or rate service organization to which the superintendent has directed an order made without a hearing may, within thirty days after notice to it of the order, make written request to the superintendent for a hearing. Pending a hearing and a decision affirming, reversing or modifying his previous action, the superintendent may suspend or postpone the effective date of his previous action.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.