201 - Insurance department; superintendent. - New York Statutes

§ 201. Insurance department; superintendent. The insurance department of the state of New York shall be continued, and shall possess all powers, functions, and duties which it possessed immediately preceding the effective date of this chapter. The head of the department shall be the superintendent of insurance, who shall be appointed by the governor, by and with the advice and consent of the senate, and who shall hold office until the end of the term of the governor by whom he was appointed and until his successor is appointed and qualified. The superintendent shall possess the rights, powers, and duties, in connection with the business of insurance in this state, expressed or reasonably implied by this chapter or any other applicable law of this state.