§ 2701. Definitions. For the purpose of this article: (a) “Holocaust victim” shall mean any person, claimant, or the estate, heir, legatee, descendant, survivor, beneficiary, or other such successor-in-interest of such person, who lost his or her life or property as a result of discriminatory laws, policies, or actions targeted against discrete groups of persons […]
§ 2702. Holocaust claims assistance. The superintendent shall arrange for a toll-free telephone number available in English as well as other appropriate languages, to assist any person seeking to recover proceeds from an insurance policy issued to or covering the life or property of a Holocaust victim.
§ 2703. Insurer claims handling. (a) Notwithstanding any inconsistent provision of this chapter, any insurer organized, registered, licensed or accredited to do an insurance business in this state, in receipt of a claim against it arising from an occurrence during the period between January first, nineteen hundred twenty-nine and December thirty-first, nineteen hundred forty-five from […]
§ 2704. Rights of action. (a) Notwithstanding any law or agreement among the parties to an insurance policy to the contrary, any action arising from an occurrence during the period between January first, nineteen hundred twenty-nine and December thirty-first, nineteen hundred forty-five brought by a Holocaust victim seeking proceeds of an insurance policy issued to […]
§ 2705. Reports from insurers. (a) Every insurer organized, registered, accredited or licensed to do an insurance business in this state shall file or shall cause its holding company to file with the superintendent, within one hundred and twenty days of the effective date of this article, a report setting forth such insurer’s plan for […]
§ 2707. Penalty. In addition to any other penalty prescribed by this article or any other provision of this chapter, any insurer or person who violates the provisions of this article will be subject to a civil penalty of up to one thousand dollars for each day each such violation continues except that, if the […]
§ 2708. Application of section four thousand two hundred twenty-four. An insurer shall not be considered in violation of section four thousand two hundred twenty-four of this chapter for complying with the provisions of this article.
§ 2709. Substantial compliance. (a) An insurer which, pursuant to the laws of another jurisdiction is required (or whose holding company is required) to report, certify or otherwise disclose information substantially equivalent to that required by section two thousand seven hundred five of this article, may satisfy the requirements of section two thousand seven hundred […]
§ 2710. Rules and regulations. The superintendent, by regulation, shall provide for the implementation of the provisions of this article and for facilitating, monitoring and verifying compliance with this article.
§ 2711. Severability. If any word, clause, sentence, paragraph, subdivision, section or part of this article shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder thereof, but shall be confined in its operation to the word, clause, sentence, paragraph, subdivision, section or […]
