Section 206. Annual report of superintendent; pamphlets  


Latest version.
  • (a)  The
      superintendent shall submit a report to the legislature annually, on  or
      before  the  date  required  by  section  one  hundred sixty-four of the
      executive law. Such report  shall  contain  the  following  items,  with
      respect to the preceding calendar year:
        (1)  A  general  review  of  the insurance business utilizing the most
      current information available.
        (2)  Amendments  enacted  to  the  insurance  law,  with  explanations
      thereof.
        (3) A summary of regulations and circular letters issued.
        (4)  A  table  showing  the  number  and  kinds of authorized insurers
      according to classes of business, and their total  assets,  liabilities,
      premiums  written,  and  insurance  in  force,  as  shown  by the annual
      statements filed with the superintendent by such insurers.
        (5) Lists of (i) insurers organized, admitted, merged,  withdrawn,  or
      placed  in  liquidation,  conservation, or rehabilitation, (ii) domestic
      insurers  which  have  amended  their  charters  or  have  increased  or
      decreased  their  capital stock, together with a statement of the extent
      thereof, and (iii) domestic insurers which have changed their  corporate
      names.
        (6)  A  list  of department reports filed on examination of authorized
      insurers.
        (7) An evaluation of the impact on automobile insurance rates of motor
      vehicle theft prevention programs of the department of motor vehicles.
        (8) A statement of the expenses of administering the property/casualty
      insurance security fund and the public motor vehicle liability  security
      fund pursuant to article seventy-six of this chapter.
        (b) Such report of the superintendent shall also contain the following
      items:
        (1)  Legislative  recommendations which are deemed by him necessary or
      desirable.
        (2) A summary of the department's receipts and expenses for the twelve
      month period ending March thirty-first of the preceding year.
        (3) Tables relative to  liquidation,  conservation  or  rehabilitation
      proceedings  by  the  department for prior years including the preceding
      calendar year.
        (c) Such report shall be supplemented by tables, arranged  in  classes
      according to the kinds of insurance business transacted:
        (1)  of  annual  statements,  which  may be audited or reviewed by the
      superintendent, filed with him for the preceding calendar year; or
        (2) derived from  annual  statements  filed  with  the  superintendent
      during such year.
        (d)  The  superintendent  may,  in addition to the above requirements,
      include in such report any other matter or data concerning insurance  or
      his  duties  under  this  chapter  which  in  his judgment is of general
      interest or import.
        (e) Pamphlets  containing  statistical  tables  compiled  from  annual
      statements  filed  with  the  superintendent by all insurers licensed to
      transact business in this state may be furnished upon  request,  without
      charge, to citizens of this state.