Question: “A 2021-2022 Business Owners Policy issued by an admitted carrier in New York State was audited and produced an extremely large additional premium due to audited domestic and international…
Question: “We received a 220 letter via email on October 26, 2022, for a January 1, 2023, renewal. When we receive these, we automatically insert them into our management system…
We get frequent questions (that is, six or more in the last two weeks) about cancellation, non-renewal, and conditional renewal letters from insurers. A lot of members refer to these…
Question: “We have an insured with a tenant property. The tenant was evicted and caused damage to the home before leaving. Some of the damage came from their animals left…
Question: “What are the rules for Workers’ Compensation when a New York employee has a temporary project in another state? I always try to list states under Item 3.C. in…
Question: “Can an employee who gets injured while driving to or from work collect Workers’ Compensation benefits?” Answer: Unless a drive involves an employment-related errand, generally no. To be compensable,…
Question: “Will a New York State personal auto policy extend to a rental car rented in the U.S. Virgin Islands?” Answer: For most coverages that are mandatory in New York,…
Question: “Does New York State require us to maintain signed applications in our management system, specifically for the companies that allow e-signatures from their websites?” Answer: New York State insurance…
Question: “What types of commercial properties have to be specifically rated by the Insurance Services Office (ISO), and which are eligible for the class loss costs found in the manual?”…
Question: “Suppose I was going to sell insurance to customers for a niche market product, and I wanted to start a trade association. These customers could pay annual membership dues…
