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Results for content tagged as New York

1.

Apr 19, 2016 - ... New York (scroll to Part BB starting on page 68), the state's superintendent of financial services may provide for an "actuarially appropriate" reduction in residential property insurance rates for...

2.

Nov 4, 2015 - ... office of New York's superintendent of financial services will be studying the impact of concurrent causation provisions on residential property coverage for sewer backup. A summary of a new law in New York states that anti-concurrent causation clauses in homeowners policies prevented many insureds from collecting on losses, particularly damage to sewer lines, arising from Superstorm Sandy in October 2012. In...

3.

Sep 29, 2015 - ... communications recently published two articles in insurance industry publications. In July, Joe published an article on fire loss in the Summer 2015 edition of Your NY Connection, the magazine of the New York Insurance Association.  In the article, "Fewer Fires, But More to Burn," Joe describes how the severity of household fire losses has grown, even though improvements in fire safety...

4.

Mar 23, 2015 - ... operating in New York have received a letter from the state's Department of Financial Services requiring them to indicate, by April 15, 2015, whether they utilize practices associated with "price optimization"...

5.

Mar 16, 2015 - ... New York have until April 10, 2015 to report property exposure information to the state's Department of Financial Services (DFS) under a new set of  requirements for disaster preparation...

6.

Feb 4, 2015 - ... the use of certificate of insurance. A recent New York law, like similar laws in many, makes it illegal for anyone to request or prepare a certificate that seeks to alter or amend the coverage provided by...

7.

Dec 17, 2014 - Jan. 8 UPDATE: The U.S. Senate has voted to approve the reauthorization of the Terrorism Risk Insurance Program. AAIS staff is reviewing the final legislation and will report on any action needed, presuming the bill is signed by President Obama. Jan 7, 2015 UPDATE: The U.S. House has voted 416-5 to pass a bill reauthorizing the Terrorism Risk Insurance Program for six years and implementing, among other changes, graduated increases in the level of losses needed to trigger coverage under the...

8.

Dec 8, 2014 - ... New York have not approved other terrorism exclusions unrelated to TRIP. Those two states allow insurers to exclude TRIP coverage if the insured declines it, but there is no...

9.

May 16, 2014 - ... panel discussion at the 2014 annual conference of the New York Insurance Association, May 28-30 in Bolton Landing, N.Y. John will be one of three panelists in a session entitled "No Need to Go Undercover: Identifying New York coverage...

10.

Feb 10, 2014 - ... New York City firm Mound Wollan Cotton & Greengrass, is returning to the 2014 AAIS Main Event to offer expert observations on legal topics related to inland marine insurance. The...