NY A10072

Authorizes the superintendent to implement a captive insurance program providing coverage for commuter vans engaged in passenger transportation for hire.

Requires identification and licensing of captive insurance company or companies to deliver necessary insurance coverage to eligible commuter vans.

Mandates establishment of enrollment standards for commuter vans, including mechanisms to determine eligibility for the program.

Requires performance monitoring standards to ensure captive insurance companies provide affordable coverage to participating commuter vans.

Defines "commuter van" by reference to section 19-502 of the New York City administrative code and takes effect 90 days after enactment.