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This entry was published on 2014-09-22
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SECTION 5414
Coastal market assistance program (C-MAP)
Insurance (ISC) CHAPTER 28, ARTICLE 54
§ 5414. Coastal market assistance program (C-MAP). (a) The association
shall create a coastal market assistance program to provide a voluntary
mechanism whereby insurers and insurance agents and brokers facilitate
efficient access to participating private market insurance companies for
those personal residential property risks located in coastal areas.

(b) To provide the association with advice and assistance with the
operations of the coastal market assistance program, a C-MAP agents
advisory council shall be established, consisting of nine members
appointed as follows: three members shall be appointed by the governor,
two members shall be appointed by the temporary president of the senate,
two members shall be appointed by the speaker of the assembly, one
member shall be appointed by the minority leader of the senate, and one
member shall be appointed by the minority leader of the assembly,
provided however that each member shall be an insurance producer, as
defined in article twenty-one of this chapter, who sells homeowners'
insurance in an area served by the coastal market assistance program.
The superintendent, or his or her designee, also may participate as an
ex-officio member. Each member of such advisory council shall serve at
the pleasure of the official who appointed such member.

(c) The association shall administer the coastal market assistance
program. The association may, subject to approval of the superintendent,
adopt reasonable eligibility standards for participation in the coastal
market assistance program.

(d) The C-MAP agents advisory council shall provide recommendations to
the association for consideration by the board of directors. The board
of directors shall promptly advise the superintendent, in writing, of
any recommendations received from the C-MAP agents advisory council.

(e) The association shall study and may adopt a voluntary single
adjuster program, under which a residence insured under both an
association and a private market policy would have claims under both
policies adjusted by the private market carrier. The association may
adopt other incentives to encourage voluntary participation in the
coastal market assistance program, subject to the approval of the
superintendent.