§ 3457. Group insurance policies for certain for hire motor vehicles.\n(a) For purposes of this section, the following definitions shall apply:\n (1) "Certificate" or "certificate of insurance" means any policy,\ncontract or other evidence of insurance, or endorsement thereto, issued\nto a group member under a for hire motor vehicle group policy.\n (2) "For hire motor vehicle" or "vehicle" means a motor vehicle\nengaged in the business of carrying or transporting passengers for hire,\nhaving a seating capacity of not less than eight passengers, excluding\nthe driver.\n (3) "For hire motor vehicle group policy" or "group policy" means a\ngroup policy, including certificates issued to the group members, where\nthe group policy provides insurance to the group members or both the\ngroup policyholder and the group members of the type described in\nparagraph twelve, thirteen, fourteen, or nineteen of subsection (a) of\nsection one thousand one hundred thirteen of this chapter.\n (4) "Group member" means the owner of a for hire motor vehicle.\n (5) "Group policyholder" means a sponsoring entity.\n (6) "Owner" shall have the same meaning as set forth in section one\nhundred twenty-eight of the vehicle and traffic law.\n (7) "Sponsoring entity" means:\n (A) an association or other organization, or a trustee or trustees of\na fund established, created, or maintained for the benefit of one or\nmore associations or other organizations, where all the eligible members\nof the association or associations or other organization or\norganizations have the same profession, trade, or occupation, and the\nassociation or associations or other organization or organizations have\nbeen organized and maintained in good faith for purposes principally\nother than that of obtaining insurance, and have been in active\nexistence for at least two years;\n (B) an entity that owns for hire motor vehicles and leases them to\ndrivers; or\n (C) 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 group policy would not be contrary to the best interests of the\npublic.\n (b) An authorized insurer may issue or issue for delivery in this\nstate a group policy to a sponsoring entity as a group policyholder only\nin accordance with the provisions of this section.\n (c)(1) A group policy shall provide coverage in satisfaction of the\nfinancial responsibility requirements set forth in section three\nthousand four hundred twenty of this article, section three hundred\nseventy of the vehicle and traffic law, article fifty-one of this\nchapter, and such other requirements or regulations that may apply for\nthe purposes of satisfying the financial responsibility requirements\nwith respect to the use or operation of a for hire motor vehicle.\n (2) A group policy may provide:\n (A) coverage for limits higher than the minimum limits required\npursuant to section three hundred seventy of the vehicle and traffic law\nand paragraph two of subsection (f) of section three thousand four\nhundred twenty of this article;\n (B) supplemental spousal liability insurance pursuant to subsection\n(g) of section three thousand four hundred twenty of this article; and\n (C) motor vehicle physical damage coverage as described in paragraph\nnineteen of subsection (a) of section one thousand one hundred thirteen\nof this chapter.\n (3) A group policy, including certificates, shall be issued by an\nauthorized insurer.\n (4) A policyholder also may be an insured under a group policy.\n (d) The premium for the group policy, including certificates, may be\npaid by the group policyholder from the funds contributed wholly by the\ngroup members or jointly by the group policyholder and the group\nmembers.\n (e) Each policy written pursuant to this section shall provide per\noccurrence limits of coverage for each group member
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