N.Y. BSW Law § 28-A

* § 28-a. Duty to provide insurance for licensed boxers and\nprofessional wrestlers. 1. All persons, parties or corporations having\nlicenses as promoters or who are licensed in accordance with section\n28-b of this act shall continuously provide insurance for the protection\nof licensed boxers and professional wrestlers, appearing in boxing bouts\nor wrestling exhibitions. Such insurance coverage shall provide for\nreimbursement to the licensed athlete for medical, surgical and hospital\ncare, with a minimum limit of seven thousand five hundred dollars for\ninjuries sustained while participating in any program operated under the\ncontrol of such licensed promoter and for a payment of one hundred\nthousand dollars to the estate of any deceased athlete where such death\nis occasioned by injuries received in this state during the course of a\nprogram in which such licensed athlete or professional wrestler\nparticipated under the promotion or control of any licensed promoter.\nThe commission may from time to time, in its discretion, increase the\namount of such minimum limits.\n 2. The failure to provide such insurance as is required by subdivision\none of this section shall be cause for the suspension or the revocation\nof the license of such defaulting promoter.\n * NB Repealed September 1, 2016\n