Statute · New York Insurance Law

N.Y. Ins. Law § 9101 — Definitions

N.Y. Ins. Law § 9101

Type
Statute
Source
New York Insurance Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 9101. Definitions. In this article:

Citator

N.Y. Ins. Law § 9101 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

§ 9101. Definitions. In this article:

(a) "Insurer" includes every corporation, firm, association, individual or aggregation of individuals, by whatever name known, doing an insurance business in this state; and every such insurer shall be an "insurance corporation" within the meaning of the tax laws of this state.

(b) "Premium" includes all amounts received as consideration for insurance contracts or reinsurance contracts, other than for annuity contracts, and includes premium deposits, assessments, policy fees, membership fees, and every other compensation for such contract.