Relates to requiring all insurance companies to provide the New York city department of transportation with information regarding motor vehicle accidents within such city.
Permits licensed insurance agents, brokers, adjusters, consultants, and intermediaries to carryover up to five hours of continuing education credit per biennial licensing period.
Requires pure captive insurance companies and group captive insurance companies who are a public entity, political subdivision, public authority, public benefit corporation, or a subsidiary thereof to hold at least two meetings each year in this state, have a majority of members required to be residents of this state, file an annual report with the governor, the temporary president of the senate, the speaker of the assembly, and the minority leaders of the senate and assembly, and submit to additional examinations.
Expands the purposes of the volunteer and exempt firefighters' benevolent association of Thornwood, New York; provides for the payment to it of certain taxes imposed upon premiums on policies of fire insurance in foreign insurance companies.