New York S05321 authorizes the superintendent of financial services to hire a consultant to assist with reviewing rate or form filings.
New York S05321 amends the insurance law by adding a new section allowing the superintendent of financial services to hire a consultant to assist with reviewing any rate or form filing submitted to the superintendent. The person who submitted the filing or the person for whom the services were performed, other than the superintendent, must pay the consultant directly. This act takes effect immediately.
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