N.Y. Insurance Law § 2352: Multiple rating programs

§ 2352. Multiple rating programs. (a) Subject to the superintendent's

prior approval, an insurer may establish more than one rating program

within the same company for policies of insurance that are subject to

section three thousand four hundred twenty-five or section three

thousand four hundred twenty-six of this chapter; provided that:

(1) each rating program shall apply only to policies newly written on

or after the effective date of the rating program but prior to the

effective date of any subsequently approved rating program; provided

however if an insurer terminates a rating program, then the insurer

shall renew the policies that were subject to the terminated rating

program in a subsequently approved rating program.

(2) the provisions of subsection (f) of section three thousand four

hundred twenty-five and subsection (b) of section two thousand three

hundred forty-nine of this chapter shall be applied to each rating

program to which they are applicable separately.

(b) The superintendent may promulgate rules and regulations to

implement the provisions of this section.