Opn. No.

HON. THOMAS A. HARNETT Superintendent Insurance Department

This is in response to the request by Morton Greenspan, Deputy Superintendent and General Counsel of the Insurance Department, for an opinion as to whether the issuance of warranties by manufacturers, retailers, repairers, or third parties constitute "doing an insurance business" within the meaning of sections 40 and 41 of the Insurance Law. Your request deals basically with the following situations:

1. The issuance of a warranty by a manufacturer, retailer or repairer to the purchaser of a product;

2. The issuance of a warranty by a…