NY S04964

Removes the requirement that insurance brokers obtain a declination from the Medical Malpractice Insurance Plan before placing medical malpractice coverage with excess line (unauthorized) insurers for general hospitals, physicians, or dentists

Allows licensed excess line brokers to place medical malpractice insurance with non-admitted insurers without first proving that coverage is unavailable through the state's authorized insurance market

Retains the declination requirement for non-commercial motor vehicle liability insurance and insurance that by law must be provided by an authorized insurer

Takes effect immediately upon enactment