N.Y. Insurance Law § 3435: Group property/casualty insurance

§ 3435. Group property/casualty insurance.

(a) This section shall apply to public entities as defined in section

one hundred seven of this chapter, organizations described by section

501(c)(3) of the United States internal revenue code, charitable

corporations as defined in paragraph (a) of section one hundred two

(Definitions) of the not-for-profit corporation law and formed pursuant

to paragraph (a) of section two hundred one of the not-for-profit

corporation law, and organizations described by section two hundred

sixteen-a of the education law.

(b) Notwithstanding any other provision of this chapter, group

coverage for homogeneous groups formed for purposes other than obtaining

insurance may be approved, subject to regulations to be promulgated by

the superintendent, for the kinds of insurance permitted in subsection

(c) of this section, provided such policies shall be available to all

eligible members of such group upon application.

(c) Group policies may be written pursuant to this section for any of

the kinds of insurance authorized by subsection (a) of section one

thousand one hundred thirteen of this chapter, except the kinds of

insurance authorized by paragraphs one, two, three, sixteen, seventeen,

eighteen, twenty-one, twenty-two, twenty-three and twenty-five of such

subsection.

(d) Group policies approved pursuant to this section shall not be

eligible for the filing exemptions specified in section six thousand

three hundred one of this chapter.