N.Y. Insurance Law § 6301: Special risks; filing exemption

§ 6301. Special risks; filing exemption. (a) Notwithstanding any

provision of this chapter, the superintendent shall, pursuant to

regulations promulgated by the superintendent, permit exemption from

filing requirements only with respect to rates and policy forms, where

applicable, for any of the kinds of insurance specified in subsection

(b) of this section.

(b) An exemption pursuant to subsection (a) hereof shall be permitted

in relation to the kinds of insurance set forth in paragraphs four

through fourteen, sixteen, seventeen, nineteen through twenty-two,

twenty-seven and twenty-nine, of subsection (a) of section one thousand

one hundred thirteen of this chapter and such insurance as the

superintendent deems to be substantially similar to one of the foregoing

kinds, except no exemption may be permitted for: (1) coverage for

personal lines to natural persons for non-business purposes; (2)

insurance specified in subsection (b) of section two thousand three

hundred five of this chapter, except medical malpractice insurance, or

section two thousand three hundred twenty-eight of this chapter; (3)

insurance required to satisfy any financial responsibility requirement

of this state; or (4) a policy written on a group basis. However, any

risk pursuant to paragraph one, two or three of such subsection of such

section of this chapter or personal lines risk (except motor vehicle

insurance coverage to natural persons for non-business purposes) shall

be exempt pursuant to subsection (a) hereof if it is included by the

superintendent on the list maintained by the superintendent pursuant to

subsection (a) of section six thousand three hundred three of this

article.

(c) An exemption granted pursuant to this section shall apply only to

authorized insurers complying with this chapter, except that it shall

not apply to insurers subject to article sixty-six of this chapter. The

exemption shall not be an exemption for joint underwriting or joint

reinsurance transactions pursuant to section two thousand three hundred

seventeen of this chapter.

(d) Nothing in this article shall exempt any insurer, or any policy

issued pursuant to this article, from any applicable provision or

standard in this chapter, regulations promulgated thereunder, or other

requirements of state law.

(e) In this article, "medical malpractice insurance" has the meaning

set forth in subsection (b) of section five thousand five hundred one of

this chapter.