Establishes a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and charter buses.

New York Assembly Bill A05113 establishes a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and charter buses engaged in transporting nine to twenty-four passengers for hire. The bill defines terms such as "commuter van," "pre-arranged for-hire vehicle," and "accessible vehicle." It mandates the superintendent to implement standards for enrollment and monitoring of these vehicles in the captive insurance program, ensuring they meet minimum insurance coverage requirements.

Establishes a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and charter buses.

New York Assembly Bill A05113 establishes a captive insurance program for commuter vans, black cars, ambulettes, paratransit vehicles, small school buses, and charter buses engaged in transporting nine to twenty-four passengers for hire. The bill defines terms such as "commuter van," "pre-arranged for-hire vehicle," and "accessible vehicle." It mandates the superintendent to implement standards for enrollment and monitoring of these vehicles in the captive insurance program, ensuring they meet minimum insurance coverage requirements.