MVAIC was created in 1958 by the New York State Legislature by enactment of Article 17-A (now Article 52) of the New York Ins ... urance Law. MVAIC operates as a non-profit organization, and provides No-Fault and Bodily Injury coverage to those claimants that are eligible for benefits. (Refer to Article 52 of the New York State Insurance Law for specifics). read more