2137 – Life Settlement Brokers; Licensing.
§ 2137. Life settlement brokers; licensing. (a) The superintendent may issue a license to any individual, firm, association or corporation who or that has complied with the requirements of this chapter, authorizing the licensee to act as a life settlement broker. (b) Any such license issued to a firm or association shall authorize only the […]
2138 – Health Benefit Exchange Navigators.
§ 2138. Health benefit exchange navigators. A person who has received a grant from and has been certified by the health benefit exchange established pursuant to section 1311 of the affordable care act, 42 U.S.C. § 18031, to act as a navigator, including any person employed by a certified navigator, shall not receive, collect or […]
2139 – Title Insurance Agents; Licensing.
§ 2139. Title insurance agents; licensing. (a) The superintendent may issue a license to any person, firm, association or corporation that has complied with the requirements of this chapter, authorizing the licensee to act as a title insurance agent of any authorized title insurance corporation. (b) Any such license issued to a firm or association […]
2140 – Restrictions on Insurance Producers Procuring Immigration Bonds.
§ 2140. Restrictions on insurance producers procuring immigration bonds. (a) No insurance producer shall require the use of an electronic monitoring device as a condition of immigration bail. For the purposes of this section, an “electronic monitoring device” includes any device that tracks or monitors location, any device that tracks or monitors biometric data, or […]
2135 – Administration of Certain Functions.
§ 2135. Administration of certain functions. The superintendent may designate the National Association of Insurance Commissioners (NAIC) or any affiliates or subsidiaries that the NAIC oversees to perform ministerial functions, including the collection of fees, related to producer licensing under this article that the superintendent may deem appropriate.
2136 – Reciprocity.
§ 2136. Reciprocity. The superintendent shall waive any requirements for a nonresident license applicant otherwise applicable under this chapter if: (a) the applicant has a current and valid license in his or her home state and is in good standing in his or her home state; (b) the applicant has submitted a completed application in […]
2127 – Penalties for Violations.
§ 2127. Penalties for violations. (a) The superintendent, in lieu of revoking or suspending the license of a licensee in accordance with the provisions of this article, may in any one proceeding by order, require the licensee to pay to the people of this state a penalty in a sum not exceeding five hundred dollars […]
2128 – Commission and Fee Sharing Prohibited.
§ 2128. Commission and fee sharing prohibited. (a) Notwithstanding the provisions of sections two thousand three hundred twenty-four and four thousand two hundred twenty-four of this chapter, no licensee subject to this article shall receive any commissions or fees or shares thereof in connection with insurance coverages placed for or insurance services rendered to the […]
2129 – Duty to Have an Agent or Broker at Each Place of Business.
§ 2129. Duty to have an agent or broker at each place of business. (a) Each place of business established by the holder of an agent and/or broker license shall be under the supervision of one or more persons licensed to do the kinds of business transacted in that office. The headquarters location must be […]
2130 – Excess Line Association.
* § 2130. Excess line association. (a) There is hereby created a non-profit association to be known as the excess line association of New York. All excess line licensees shall be deemed to be members of the association. The association must perform its functions under the plan of operation established and approved under subsection (c) […]