New York A08006 amends the insurance law to exclude the sale of non-indemnity legal service plans from being considered insurance business.
New York A08006 amends the insurance law by adding a new paragraph to section 1101, specifying that the sale of a non-indemnity legal service plan does not constitute doing an insurance business in the state. A non-indemnity legal service plan is defined as any plan where legal services are available to members or their dependents through an organization that contracts directly with independent attorneys. The organization pays the attorney via a capitated arrangement, and the attorney receives no additional payment or reimbursement for specified legal services or expenses.
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