N.Y. Insurance Law Section 317
Compliance with reporting requirements of the financial security act


Insurers licensed to write personal injury liability insurance in connection with the ownership, maintenance or use of motor vehicles, as authorized pursuant to paragraph thirteen of subsection (a) of § 1113 (Kinds of insurance authorized)section one thousand one hundred thirteen of this chapter, shall fully comply with the reporting requirements of article six of the vehicle and traffic law. In the event that an insurer fails to timely and properly report any of the information required by such article or the regulations of the commissioner of motor vehicles promulgated thereunder, the superintendent, upon notice and an opportunity to be heard, is authorized to impose a fine on such insurer in an amount not to exceed five hundred dollars for each failure to timely and properly report. In the event of a persistent and willful violation of the reporting requirements, the superintendent, upon notice and an opportunity to be heard, is authorized to impose a fine on such insurer, in an amount not to exceed five thousand dollars per day for each day such violation continues.

Source: Section 317 — Compliance with reporting requirements of the financial security act, https://www.­nysenate.­gov/legislation/laws/ISC/317 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

301
Regulations by superintendent
302
Supervisory colleges
306
Immunity from prosecution
307
Annual statements
308
Special reports
309
Examinations of insurers
310
Examinations
311
Filing of report on examination
312
Report on examination to be forwarded
314
Public retirement and pension systems
315
Professional malpractice or misconduct
316
Electronic filings
317
Compliance with reporting requirements of the financial security act
318
Reports of fire losses
319
Release of information resulting from insurers’ investigation of fires
320
Records to be made available by organizations subject to the provisions of this chapter
321
Medical information exchange centers
322
Prohibited referral payment to licensees by motor vehicle repairers
325
Records of domestic insurers
329
Certificates as evidence
330
Rating services available to other states
331
Superintendent to maintain index of tax districts
333
Assessments to defray expenses of Committee on Valuation of Securities of the National Association of Insurance Commissioners
335
Implementation of hospital reimbursement methodology
336
War risk exclusion
337
Annual consumer guide on automobile insurance
339
Colorectal cancer screening notification
340
Report of claims that may result in a monetary award
341
Notification regarding qualified health insurance plans
342
Public awareness to finance long term care
343
Mental health and substance use disorder parity report
344
Mental health and substance use disorder parity compliance programs
345
Health care claims reports

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 317’s source at nysenate​.gov

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