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New York · Through 2026-09-11

N.Y. Insurance Law § 2402: Definitions

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Where this section sits in the code
  1. Insurance Law
  2. Article 24. Unfair Methods of Competition and Unfair and Deceptive Acts and Practices

§ 2402. Definitions. In this article: (a) "Person" means any

individual and any legal entity subject to any provision of this

chapter, engaged in the business of insurance in this state, including

any reciprocal exchange or Lloyds insurer, or in the business of life

settlements.

(b) "Defined violation" means the commission by a person of an act

prohibited by: subsection (a) of section one thousand one hundred two,

section one thousand two hundred fourteen, one thousand two hundred

seventeen, one thousand two hundred twenty, one thousand three hundred

thirteen, subparagraph (B) of paragraph two of subsection (i) of section

one thousand three hundred twenty-two, subparagraph (B) of paragraph two

of subsection (i) of section one thousand three hundred twenty-four, two

thousand one hundred two, two thousand one hundred seventeen, two

thousand one hundred twenty-two, two thousand one hundred twenty-three,

subsection (p) of section two thousand three hundred thirteen, section

two thousand three hundred twenty-four, two thousand five hundred two,

two thousand five hundred three, two thousand five hundred four, two

thousand six hundred one, two thousand six hundred two, two thousand six

hundred three, two thousand six hundred four, two thousand six hundred

six, two thousand seven hundred three, two thousand nine hundred two,

two thousand nine hundred five, three thousand one hundred nine, three

thousand two hundred twenty-four-a, three thousand four hundred

twenty-nine, three thousand four hundred thirty-three, paragraph seven

of subsection (e) of section three thousand four hundred twenty-six,

four thousand two hundred twenty-four, four thousand two hundred

twenty-five, four thousand two hundred twenty-six, seven thousand eight

hundred nine, seven thousand eight hundred ten, seven thousand eight

hundred eleven, seven thousand eight hundred thirteen, seven thousand

eight hundred fourteen and seven thousand eight hundred fifteen of this

chapter; or section 135.60, 135.65, 175.05, 175.45, or 190.20, or

article one hundred five of the penal law.

(c) "Determined violation" means any unfair method of competition or

any unfair or deceptive act or practice, which is not a defined

violation but is determined by the superintendent pursuant to section

two thousand four hundred five of this article to be such method, act or

practice.

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