New York Codes, Rules and Regulations › Title 15 - Department of Motor Vehicles › Chapter I - REGULATIONS OF THE COMMISSIONER › Subchapter C - INSURANCE › Part 34 - Motor Vehicle Liability Insurance Reporting › Section 34.4 - Reporting time frames

Current through Register Vol. 46, No. 28, July 10, 2024
An insurance company or servicing agent shall transmit
					 notices required by this Part to DMV in accordance with the time frames set
					 forth below. Notices may be submitted on a daily basis.
(a) Effective date and cancellation effective
				  date shall be the actual date that insurance became effective, was reinstated
				  or was canceled. It shall not be the processing, issuance, mailing or any other
				  date.
(b) Initial load (LOD)--no
				  earlier than June 12, 2000 but no later than September 12, 2000, except for
				  composite rated policies which shall be no later than February 28,
				  2001.
(c) Initial load (LOD)
				  resubmission--no later than 90 days after the department transmits a return
				  transaction as the result of an edit error or unresolved no-hit exception, with
				  at least one third of any unmatched transactions resubmitted within 30 days and
				  two thirds of any unmatched transactions resubmitted within 60 days; no later
				  than seven days if the entire initial load tape is rejected due to
				  non-compliance with specifications set forth in this Part including DMV's MVLIR
				  implementation guide.
(d) New
				  business (NBS)--no later than 14 days after the effective date for policies
				  issued through January 1, 2001; no later than seven days after the effective
				  date for policies issued on or after January 2, 2001. Such time frames shall
				  apply all new business (NBS) notices required by section
				  34.3(a)(2) 
				  of this Part. Notices for for-hire vehicles may be reported up to 45 days prior
				  to the effective date.
(e) New
				  business (NBS) resubmission--no later than 21 days after the department's
				  return transaction (edit error or unresolved no-hit exception) date.
(f) New business (NBS) response to mandatory
				  verification (MVF)--no later than 14 days after the department's MVF
				  transaction date.
(g) Reinstatement
				  (REI)--no later than seven days after the reinstatement action.
(h) Reinstatement (REI) resubmission--no
				  later than 14 days after the department's return transaction (edit error or
				  unresolved no-hit exception) date.
(i) Cancellation (XLC)--no later than 30 days
				  after the cancellation effective date but only after any applicable late
				  payment grace period provided by an insurance company (except for hire); no
				  less than 45 days prior to the cancellation effective date (for
				  hire).
(j) Cancellation (XLC)
				  resubmission--no later than 14 days after the NYS DMV return transaction (edit
				  error or unresolved no-hit exception) date.
(k) Cancellation (XLC) response to negative
				  verification (NVF)--no later than 30 days after the department's NVF
				  transaction date.
(l) No insurance
				  (NIS) response to mandatory verification (MVF)--no later than 14 days after the
				  department's MVF transaction date.
(m) No insurance (NIS) resubmission--no later
				  than 14 days after the department's return transaction (edit error or
				  unresolved no-hit exception) date.