2019 New York Laws
ISC - Insurance
Article 24 - Unfair Methods of Competition and Unfair and Deceptive Acts and Practices
2405 - Hearings and Reports on Defined Violations and Determined Violations.

Universal Citation: NY Ins L § 2405 (2019)
§  2405.  Hearings  and  reports  on defined violations and determined
violations. (a) Whenever the superintendent has reason to believe that a
person has committed or is committing a defined violation  or  has  been
engaged  in  or  is engaging in any method of competition, or any act or
practice,  which  could  become  a  determined  violation  and  that   a
proceeding  thereon  would  be  in  the interest of the public, he shall
serve upon the person in the manner provided by  section  three  hundred
three  of  this  chapter,  a  statement  of  the charges and notice of a
hearing to be held at a time not less than ten days after  the  date  of
service of the notice and at the place fixed in the notice.

(b) The person shall have an opportunity at the hearing to be heard personally or by counsel, and, in the case of a defined violation, to show cause why an order should not be made by the superintendent requiring the person to cease and desist from the charged defined violation. Upon good cause shown, the superintendent shall permit anyone to intervene, appear and be heard at the hearing personally or by counsel.

(c) After the hearing, the superintendent shall make a written report containing his findings, and shall serve a copy of the report upon the person and any intervenor.

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