Statute · New York Insurance Law
N.Y. Ins. Law § 2318 — Risk sharing plans
N.Y. Ins. Law § 2318
- Type
- Statute
- Source
- New York Insurance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 2318. Risk sharing plans. Agreements may be made among insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but are unable to procure such insurance through ordinary methods, and such insurers may agree…
Citator
N.Y. Ins. Law § 2318 — Risk sharing plans is in force in the current edition of the Code, and nothing recorded condemns it.
§ 2318. Risk sharing plans. Agreements may be made among insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but are unable to procure such insurance through ordinary methods, and such insurers may agree among themselves on the use of reasonable rate modifications subject to the approval of the superintendent; but this section shall not apply to workers' compensation insurance.