* § 3451. Identity theft group insurance policies. (a)(1) An identity\ntheft group insurance policy, and certificates thereunder, may be issued\nor delivered in this state only in accordance with the provisions of\nthis section.\n (2) An identity theft group insurance policy, and certificates\nthereunder, may be issued only by an authorized insurer.\n (3) The policy may be issued to:\n (A) an employer, or a trustee or trustees of the fund established by\nan employer, which employer or trustee shall be deemed the policyholder,\nwhere the policy insures the employees of the employer;\n (B) a labor union, or a trustee or trustees of a fund established by a\nlabor union, which labor union or trustee shall be deemed the\npolicyholder, where the policy insures the members of the labor union;\n (C) a trustee of a trust established, or participated in, by two or\nmore employers or labor unions, or by one or more employers and one or\nmore labor unions, which the trustee shall be deemed the policyholder,\nwhere the policy insures the employees of the employers, and the members\nof the labor unions;\n (D) a sponsor, where the policy insures account group members, as the\nterms are defined in subsection (a) of section three thousand four\nhundred forty-two of this article;\n (E) an association, or to a trustee or trustees of a fund established,\ncreated, or maintained for the benefit of one or more associations,\nwhich the association or trustee shall be deemed the policyholder; where\nall the eligible members of the association or associations have the\nsame profession, trade, or occupation, and the association or\nassociations have been organized and maintained in good faith for\npurposes principally other than that of obtaining insurance, and have\nbeen in active existence for at least two years, and where the policy\ninsures the members of the associations;\n (F) a business that sells services or products designed to prevent, or\nto minimize the effects of stolen identity events, which the business\nshall be deemed to be the policyholder, where the policy insures the\npersons that purchase the services or products;\n (G) any other business or association that has in its possession\nindividuals' personal identification information, where the policy\ninsures the individuals whose information the business or association\npossesses; or\n (H) any other entity where the superintendent has determined in a\nregulation that the members are engaged in a common enterprise, or have\nan economic or social affinity or relationship, and that the issuance of\nthe policy would not be contrary to the best interests of the public.\n (4) For purposes of this section, the term "employer" shall include\nsubsidiaries or affiliates of the employer.\n (b) The group shall consist only of natural persons, hereinafter\nreferred to as group members, as specified in paragraph three of\nsubsection (a) of this section, and may also include a member of the\ngroup member's immediate family or household or, where the group\npolicyholder is a sponsor, an authorized user, as the terms are defined\nin subsection (a) of section three thousand four hundred forty-two of\nthis chapter.\n (c)(1) The policy shall cover losses and expenses incurred because of\nstolen identity events, as defined in subparagraph (E) of paragraph\nseven of subsection (a) of section one thousand one hundred thirteen of\nthis chapter.\n (2) An insurer shall treat in a like manner all eligible group members\nof the same class.\n (3) Except for groups as described in subparagraph (F) of paragraph\nthree of subsection (a) of this section, a group member shall not be\nrequired to purchase any product or service to be eligible for the\ncoverage.\n (d) The premium for the group policy, including certificates, may be\npaid by the group policyholder from funds contributed: (1) wholly by the\ngroup policyholder; (2) wholly by the group members; or (3) jointly by\nthe group policyholder and th
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