2706 - Reports to the govenor and the legislature. - New York Statutes

§ 2706. Reports to the governor and the legislature. The superintendent shall report to the governor and the legislature one year from the effective date of this article and annually thereafter for each of the succeeding ten years the following: (a) the number of insurers organized, licensed, accredited or registered to do an insurance business in this state and the number of other insurers that may be in the same holding company system as an organized, licensed, accredited or registered insurer which could possibly be expected to have issued a policy to a Holocaust victim between January first, nineteen hundred twenty and December thirty-first, nineteen hundred forty-five; (b) the approximate number and the total value of all such insurance policies which, as of the date of such report, remain unpaid or were paid to, or expropriated by, a government located in areas under Nazi influence that was not the named beneficiary of such insurance policy; (c) a listing by insurer of the number of claims filed by persons who allege or have alleged that they are Holocaust victims and whether each such claim has been paid or payment has been denied; (d) a summary of the length of time for the processing and disposition of such a claim by the insurer; and (e) a listing of the circumstances of the activities of the superintendent pursuant to subdivision (d) of this section and section two thousand seven hundred seven of this article.