A New York agent writes a growing share of policies on her own business ventures and family members. Under N.Y. Ins. Law §2103(i), the license may be revoked if net commissions from the licensee's own affairs exceed what portion of total commissions in any twelve-month period?

Why C is correct

Under N.Y. Ins. Law §2103(i), if net commissions from controlled business - the licensee's own affairs - exceed 10% of total commissions in any twelve-month period (measured in the year before or after licensing), the license may be revoked. Writing some controlled business is lawful; it is the excess above the threshold that becomes a disciplinary problem.

Why the other options are wrong

• A) 5% is too strict; the statute tolerates controlled business up to 10% before revocation exposure arises.
• B) 25% would allow far more controlled business than the statute permits; the threshold is 10%.
• D) 50% is well past the statutory threshold; exceeding 10% in any twelve-month period already risks revocation.

Memory hook

Own affairs over 10% in twelve months = license on the line.