(2) The term "licensed insurance agent" as used in this subsection
includes any agent authorized to act as such by a license issued and in
force pursuant to the provisions of subsection (b) of section two
thousand one hundred three of this article or authorized to act as such
in connection with contracts for disability benefits pursuant to the
provisions of subsection (n) of such section.
(b) This section shall not apply to any life insurance company,
fraternal benefit society, accident and health insurance company, health
maintenance organization, title insurance company nor to any agent or
representative of any such insurer, society or health maintenance
organization, acting as such.
(c) An insurer participating in a plan for assignment of personal
injury liability insurance or property damage liability insurance
pursuant to article fifty-three of this chapter, or participating in a
reinsurance agreement for the writing of bonds to the state of New York
under the alcoholic beverage control law, which plan or reinsurance
agreement has been approved by the superintendent, may pay a commission
to an adequately qualified agent who is licensed to act as agent for any
insurer participating in such plan or reinsurance agreement when such
agent is designated by the assured as the producer of record under the
automobile assigned risk plan pursuant to which a policy is issued, or
where such agent submits an application for a bond pursuant to which
such bond is issued under such reinsurance agreement.
Structure New York Laws
Article 21 - Agents, Brokers, Adjusters, Consultants and Intermediaries
2102 - Acting Without a License.
2103 - Insurance Agents; Licensing.
2104 - Insurance Brokers; Licensing.
2105 - Excess Line Brokers; Licensing.
2106 - Reinsurance Intermediaries; Licensing.
2107 - Insurance Consultants; Licensing and Duties.
2108 - Adjusters; Licensing and Duties.
2113 - Title Insurance Agent Commissions; Disclosure.
2114 - Life, Accident and Health Insurance Agents; Commissions.
2115 - Property/casualty Insurance Agents; Commissions.
2116 - Insurance Brokers; Commissions.
2117 - Acting for or Aiding Unlicensed or Unauthorized Insurers or Health Maintenance Organizations.
2118 - Excess Line Brokers; Duties.
2121 - Broker Authorized to Receive Premium, When.
2122 - Advertising by Insurance Producers.
2123 - Misrepresentations, Misleading Statements and Incomplete Comparisons.
2124 - Stay or Suspension of Superintendent's Determination.
2125 - Marine Insurance; Acting as Agent, Broker or Insurer of Persons Without Insurable Interest.
2126 - Impersonation at Examinations Prohibited.
2127 - Penalties for Violations.
2128 - Commission and Fee Sharing Prohibited.
2129 - Duty to Have an Agent or Broker at Each Place of Business.
2130 - Excess Line Association.
2133 - Forged Insurance Identification Cards.
2135 - Administration of Certain Functions.
2137 - Life Settlement Brokers; Licensing.
2138 - Health Benefit Exchange Navigators.
2139 - Title Insurance Agents; Licensing.
2140 - Restrictions on Insurance Producers Procuring Immigration Bonds.