Question: “Would you happen to know the number of days a carrier must give if they conditionally renew a commercial umbrella policy? An admitted carrier issued one for an insured…
Question: “One of our personal lines carriers is terminating our contract due to low premium volume. Is the carrier required to do anything regarding the policies we have left with…
Friday the 13th is traditionally seen by some better safe than sorry superstitious individuals as a day when one must take care to avoid catastrophe terminal embarrassment certain doom being unlucky. We here at Big I…
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,…
