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It is required by law to provide the lowest possible premiums to maintain its solvency. [1] As of 2015, NYSIF was the largest workers' compensation insurance carrier in New York, with 46% of the market, and that year it earned $2.48 billion in premiums, placing it in the top ten in the United States. [2] On August 21, 2019, the agency launched ...
The Martin Act (New York General Business Law article 23-A, sections 352–353) [1] is a New York anti-fraud law, widely considered to be the most severe blue sky law in the country. [2] Passed in 1921, it grants the Attorney General of New York expansive law enforcement powers to conduct investigations of securities fraud and bring civil or ...
Also in 1937, New York passed a minimum wage law protecting women and minors. The Fair Labor Standards Act of 1938 set a national minimum wage standard and a forty hour work week, and in this same year, an amendment to the New York State Constitution established a "Bill of Rights" for working people. The Unemployment Insurance Appeal Board ...
Also, New York drivers must carry $10,000 in property damage liability per accident. Yes, car insurance in New York is required by law. Drivers must carry bodily injury liability, property damage ...
Pursuant to the state constitution, the New York State Legislature has enacted legislation, called chapter laws or slip laws when printed separately. [2] [3] [4] The bills and concurrent resolutions proposing amendments to the state or federal constitutions of each legislative session are called session laws and published in the official Laws of New York.
A New York Times article in 1994 cited a Tax Foundation report based on 1993 data for the claim that corporations with assets of less than $1 million spent $15.9 billion in tax compliance and yet effectively spent only $4.1 billion to pay taxes, suggesting a huge and inefficient cost of compliance. [27]
New York common law has always distinguished between the mere "display" and brandishing or pointing of a gun and the actual use of "deadly force". Thus, the victim of an imminent crime in New York, has always been legally justified under the Common Law to safely display, brandish, or point a firearm as necessary to prevent an imminent injury to ...
Minnesota, New York, Delaware also have new gun laws coming into effect in the New Year. Minnesota passed a binary trigger ban, which goes into effect on Jan. 1. A binary trigger allows a gun to ...