Quarter Horses owe their breed name from their ability to run a fast quarter mile. However, while Quarter Horses are great sprinters they are not so good at longer distances. They don't have the running stamina to race over a ten furlong course (about 2 km or 1 1/8 m) like their Thoroughbred counterparts.
(1) a policy record for each insurance contract or policy for six calendar years after the date the policy is no longer in force or until after the filing of the report on examination in which the record was subject to review, whichever is longer.
Both the original policy that is issued and any subsequent renewals of the policy must be retained in the policy record for the retention period specified in Regulation 152. 2. Yes. 11 NYCRR Â§243.3 prescribes the standards for the maintenance and reproduction of policy records. Facts: The inquirerâs company, ABC Services (âABCâ), is trying to determine the record retention period applicable to commercial lines insurance policies, particularly with respect to original and renewal policies.