5517-A – Return of Association Premium.
§ 5517-a. Return of association premium. (a) Notwithstanding any inconsistent provision of this chapter or any other law to the contrary, if the superintendent determines, for policies of excess coverage or equivalent excess coverage issued by the association and purchased on behalf of eligible participating physicians and dentists, that the rates established pursuant to subdivision […]
5512 – Examinations.
§ 5512. Examinations. (a) The superintendent shall make an examination into the affairs of the association at least annually. The examination shall be conducted and the report filed in the manner prescribed in article three of this chapter. (b) The expenses of the examination shall be paid by the association in the manner prescribed by […]
5513 – Immunity.
§ 5513. Immunity. No liability or cause of action shall exist against the association, its agents or employees, the superintendent or his authorized representatives or any licensed agent or broker for any statements made in good faith by them during any proceedings or concerning any matters within the scope of this article.
5515 – Federal Program.
§ 5515. Federal program. In addition to any other powers conferred upon him by this or any other law, the superintendent is authorized to do all things necessary to enable this state, the association and members and policyholders of the association to participate fully in any federal program of reinsurance adopted for purposes similar to […]
5516-D – Further Transfer of Association Funds.
§ 5516-d. Further transfer of association funds. Notwithstanding any other provision of law, the association and all officers and directors with responsibility for custody or investment of the association’s assets are authorized and directed to further transfer and deposit six million dollars to the credit of the medical assistance program general fund – local assistance […]
5516-F – Further Transfer of Moneys of the Association.
§ 5516-f. Further transfer of moneys of the association. (a) Notwithstanding any other provision of law, the association and all officers and directors with responsibility for custody or investment of the association’s assets are authorized and directed to further transfer and deposit two hundred fifty million dollars to the miscellaneous special revenue fund on or […]
5517 – Transfer of Association Funds; Reinsurance Evaluation.
§ 5517. Transfer of association funds; reinsurance evaluation. (a) In the event that the association has not caused the transfer of certain assets on or before May first, nineteen hundred ninety-two, pursuant to the provisions of section fifty-five hundred sixteen of this article, the board shall undertake an evaluation of the procurement of reinsurance, upon […]
5502 – Medical Malpractice Insurance Association.
§ 5502. Medical malpractice insurance association. (a) The medical malpractice insurance association is continued consisting of all insurers authorized to write and engaged in writing, within this state, on a direct basis, personal injury liability insurance but excluding assessment cooperative fire insurance companies transacting business pursuant to article sixty-six of this chapter. Every such insurer […]
5503 – Plan of Operation.
§ 5503. Plan of operation. (a) The association shall operate in accordance with a plan of operation approved by the superintendent which provides for economic, fair and non-discriminatory administration and for the prompt and efficient provision of medical malpractice insurance. (b) The plan shall contain other provisions including but not limited to preliminary assessment of […]
5504 – Policies.
§ 5504. Policies. (a) No policy form shall be used by the association unless it has been filed with the superintendent and either he has approved it, or thirty days have elapsed and he has not disapproved it as misleading or violative of public policy. (b) (1) Except as provided in paragraph two of this […]