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MATTER OF NEW YORK AUTO. INS. PLAN v. MUHL

240 A.D.2d 303 (1997)

660 N.Y.S.2d 111

In the Matter of New York Automobile Insurance Plan, Appellant, v. Edward J. Muhl, as Superintendent of Insurance of The State of New York, Respondent, and New York State Premium Finance Association et al., Intervenors-Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

June 24, 1997

Respondent's directive that section 14.E.2 (i) of the Plan, which permits an insurer member to deduct from a current deposit received with an application for insurance any balance owed to that insurer by the applicant on a prior policy, be amended to provide that an insurer could not offset against an unearned premium balance on a cancelled policy when the insurance premium was advanced under a finance agreement, is rationally based...

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