New York A10616 mandates motor vehicle insurers to submit annual financial and claim data to the superintendent of financial services, making this.
New York A10616 requires all motor vehicle insurers to file detailed financial and claim data statements with the superintendent of financial services. These statements must be made available to the public. Insurers must provide comprehensive financial statements, including income, expenses, and salaries of top employees, for all lines of insurance. Claim data must be aggregated and anonymized, without identifying specific insurers, defendants, or plaintiffs. The superintendent will issue annual reports summarizing this data and make them publicly accessible.
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