New York Laws
Article 23 - Property/casualty Insurance Rates
2323 - Profitability and Rates of Return; Where Prior Approval Is Not Required.

(1) amounts of net worth attributable to such kinds of insurance;
(2) assets available for investment generated by such kinds of
insurance;
(3) federal income taxes; and
(4) average earnings on insurers' investments.
(b) The regulation shall require insurers annually to report to the
superintendent, who will make these reports available to the public,
concerning such profitability and rates of return.
(c) This section shall be applicable to kinds of insurance or
insurance activities the rates for which, pursuant to subsection (a) of
section two thousand three hundred five of this article, are not subject
to prior approval.
* NB Expires July 1, 2026

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