N.Y. Insurance Law § 5301: Participation in assigned risk plans

§ 5301. Participation in assigned risk plans. (a) All insurers

licensed to write motor vehicle insurance in this state shall subscribe

to and participate in the reasonable plan or plans, approved, or which

may be approved, by the superintendent after consultation with such

insurers, for equitable apportionment among such insurers of applicants

for such insurance who are in good faith entitled to but are unable to

procure it through ordinary methods.

(b) Amendments to the plan may be made by the committee designated to

administer the plan, subject to the approval of the superintendent, or

shall be made at the direction of the superintendent.