Relates to establishing a captive insurance program for commuter vans

This bill establishes a specialized insurance program for commuter vans operating in New York City under the city's definition (from NYC Administrative Code §19-502). It requires the state superintendent to create and manage the program, which includes licensing a dedicated insurance company, setting eligibility rules for van operators, and monitoring coverage affordability. The program directly affects van operators who transport passengers for hire, aiming to provide them with accessible insurance through this structured framework. The bill mandates implementation within 90 days of becoming law.