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§2402

§2402 . Definitions. In this article: (a) "Person" means any individual and any legal entity subject to any provision of this chapter, engaged in the business of insurance in this state, including any reciprocal exchange or Lloyds insurer.

§2402(b)

(b) "Defined violation" means the commission by a person of an act prohibited by: §1214 , §1217 , §1220 , §1313 , subparagraph §1322(i)(2)(B) , subparagraph §1324(i)(2)(B) , §2122 , §2123 , subsection §2313(p) , §2324 , §2502 , §2503 , §2504 , §2601 , §2602 , §2603 , §2604 , §2606 , §2703 , §3109 , §3200 a, 3429, 3433, paragraph §3426(e)(7) , §4224 , §4225 or §4226 of this chapter; or §135 . §60 , §135 . §65 , §175 . §05 , §175 . §45 , or §190 . §20 , or article 105 of the penal law.

§2402(c)

(c) "Determined violation" means any unfair method of competition or any unfair or deceptive act or practice, which is not a defined violation but is determined by the superintendent pursuant to §2405 of this article to be such method, act or practice.
Source Data downloaded: 2009-04-09 14: 46: 32;       Processed: 2009-05-08 15: 35: 57


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©2009 Paul Margus, FSA, MAAA