NY A10316

Expands Vehicle and Traffic Law section 311 to allow commuter vans, pre-arranged for-hire vehicles, and accessible vehicles to obtain liability insurance from risk retention groups not chartered in New York State (instead of only authorized insurers).

Defines "commuter van" as a commuter van service under NYC Administrative Code section 19-502; "pre-arranged for-hire vehicle" as motor vehicles transporting passengers for compensation under a license or permit, including small school buses but excluding luxury limousines and TNC vehicles; and "accessible vehicle" as vehicles complying with Americans with Disabilities Act requirements and equipped with lifts, ramps, assistive listening systems, braille signage, and other accessibility features.

Modifies Vehicle and Traffic Law section 370 to allow commuter vans, pre-arranged for-hire vehicles, and accessible vehicles to use risk retention group policies instead of traditional insurance, while maintaining minimum liability coverage requirements of $500,000 for commuter vans.

Requires risk retention group no-fault insurance policies for commuter vans, pre-arranged for-hire vehicles, and accessible vehicles to follow medical treatment guidelines from existing workers' compensation law.

Amends Chapter 438 of the Laws of 2023 to require risk retention groups to report examinations, audits, investigations, and enforcement actions from other states' insurance commissioners to New York's Department of Financial Services within 60 days.