Respondent denied petitioner a license to underwrite accident and health insurance, on the ground that petitioner sought to enter a new line of business at a time when its financial health was in doubt over several years. A court should generally defer to the Superintendent's special expertise unless his determination is irrational or runs counter to statutory language (Matter of Medical Malpractice Ins. Assn. v Superintendent of Ins. of State of N. Y.,
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AM. TRANSIT INS. CO. v. NEW YORK STATE INS. DEP'T
176 A.D.2d 460 (1991)
American Transit Insurance Company, Appellant, v. New York State Insurance Department, Respondent
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
October 1, 1991
October 1, 1991
Appellate Division of the Supreme Court of the State of New York, First Department.
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