Reports to Central Organization
NY-ADR
11/19/14 N.Y. St. Reg. DFS-46-14-00013-P
NEW YORK STATE REGISTER
VOLUME XXXVI, ISSUE 46
November 19, 2014
RULE MAKING ACTIVITIES
DEPARTMENT OF FINANCIAL SERVICES
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. DFS-46-14-00013-P
Reports to Central Organization
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
This is a consensus rule making to amend Subpart 62-2 of Title 11 NYCRR.
Statutory authority:
Financial Services Law, sections 202 and 302; Insurance Law, sections 201, 301, 318, 319, 403, 2601, 3403, 3413 and 3432
Subject:
Reports to Central Organization.
Purpose:
To remove an outdated references to “PILR” in the title of section 62-2.2.
Text of proposed rule:
The title of Section 62-2.4 is amended to read as follows:
Section 62-2.4 Requests for insurance loss information [collected by PILR].
Text of proposed rule and any required statements and analyses may be obtained from:
Jessica Heegan, NYS Department of Financial Services, One State Street, New York, NY 10004, (212) 480-5683, email: [email protected]
Data, views or arguments may be submitted to:
Same as above.
Public comment will be received until:
45 days after publication of this notice.
Consensus Rule Making Determination
This amendment merely updates the rule by removing an obsolete reference to PILR from the title of section 62-2.2 of title 11 of the New York Compilation of Codes Rules and Regulations (Insurance Regulation 96). Because this amendment merely updates the rule by removing an obsolete reference, no person or entity is likely to object.
Accordingly, this rulemaking is determined to be a consensus rulemaking, as defined in State Administrative Procedure Act (“SAPA”) § 102(11), and is proposed pursuant to SAPA § 202(1)(b)(i). Therefore, this rulemaking is exempt from the requirement to file a Regulatory Impact Statement, Regulatory Flexibility Analysis for Small Businesses and Local Governments, or a Rural Area Flexibility Analysis.
Job Impact Statement
This amendment merely updates the rule by removing an obsolete reference to PILR from the title of section 62-2.2 of title 11 of the New York Compilation of Codes Rules and Regulations (Insurance Regulation 96). This amendment will not adversely impact job or employment opportunities in New York, or have any adverse impact on self-employment opportunities, because the revision imposes no new or additional requirements on any insurer subject to the rule.
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