Legislation
SECTION 2328
Certain motor vehicle insurance rates; prior approval
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2328. Certain motor vehicle insurance rates; prior approval. No
changes in rates, rating plans, rating rules and rate manuals applicable
to motor vehicle insurance, including no-fault coverages under article
fifty-one of this chapter, shall be made effective until approved by the
superintendent, notwithstanding any inconsistent provisions of this
article. This section shall apply only to policies covering losses or
liabilities arising out of ownership of a motor vehicle used principally
for the transportation of persons for hire, including a bus or a school
bus as defined in sections one hundred four and one hundred forty-two of
the vehicle and traffic law.
changes in rates, rating plans, rating rules and rate manuals applicable
to motor vehicle insurance, including no-fault coverages under article
fifty-one of this chapter, shall be made effective until approved by the
superintendent, notwithstanding any inconsistent provisions of this
article. This section shall apply only to policies covering losses or
liabilities arising out of ownership of a motor vehicle used principally
for the transportation of persons for hire, including a bus or a school
bus as defined in sections one hundred four and one hundred forty-two of
the vehicle and traffic law.