N.Y. Insurance Law § 9108: Fire insurance fee

§ 9108. Fire insurance fee. (a) Every insurance company authorized to

do business in this state shall collect, in addition to the applicable

premium charge, a fire insurance fee, separately identified and charged

to each policyholder, from each such holder of a policy issued in the

state or for delivery in the state for coverage of peril of fire,

excluding a policy for protection of household furnishings and/or

policies issued to protect one or two-family residential structures,

schools, churches and hospitals.

(b) (1) The fee is hereby imposed at the rate of one and one-quarter

per centum on the gross direct premium written on property or risks

located in this state, provided, however, no fee shall be imposed on a

policy to insure against peril of inland marine, ocean marine,

automobile, or aircraft physical damage. Such fees shall be paid

quarterly by insurance companies to the superintendent, after deducting

from such gross premiums, (i) premiums upon policies not taken and (ii)

premiums returned on cancelled policies, as follows: April fifteenth,

July fifteenth, October fifteenth, and January fifteenth to reflect the

net collections for the quarters ending March thirty-first, June

thirtieth, September thirtieth, and December thirty-first, respectively.

(2) On or before the fifteenth day of February of each year, every

insurance company required to collect the fee imposed by this section

shall file with said superintendent an annual statement in a manner the

superintendent shall prescribe, which statement shall show the aggregate

amount of gross premiums and premium deposits and assessments collected

during the immediately preceding year for insurance against loss or

injury and the several items of deduction referred to under items (i)

and (ii) of paragraph one of this subsection.

(c) In case any such company shall neglect or refuse to make and file

such statement or pay over moneys collected from the fee imposed by this

section, the provisions of section nine thousand one hundred nine of

this article shall apply.

(d) All moneys received by the superintendent shall be paid into the

code enforcement account by the tenth day of the month following receipt

of such moneys.

(e) The fees imposed by this section shall be applicable to said

policies issued or renewed on or after July first, nineteen hundred

eighty-two.