Permits an insurer to rescind or retroactively cancel a policy in circumstances involving an accident staged to defraud an insurer.
Statutes affected: A7322: 3420 insurance law, 3420(d) insurance law, 3420(f) insurance law, 5103 insurance law, 5103(b) insurance law, 5103(a) insurance law, 313 vehicle and traffic law, 313(1) vehicle and traffic law