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Home » US Law » 2022 New York Laws » Consolidated Laws » ISC - Insurance » Article 23 - Property/casualty Insurance Rates » Expiration Date: 07/01/2026 » 2322 – Final Determination; Procedure on Orders Without Hearing.
§ 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.