New York Court of Appeals
In the Matter of New York Public Interest Research Group, Inc., Respondents v. New York State Department of…
December 19, 198566 N.Y.2d 444
Summary
The New York Court of Appeals held that the Superintendent's use of aggregate industry data in 11 NYCRR part 166 to calculate excess profit on motor vehicle insurance is not inconsistent with Insurance Law § 2329, reversing the Appellate Division and declaring the regulation valid.