Question: “Is it legal for someone to complete and submit a non-standard certificate of insurance form?” Answer: Yes. New York’s certificates of insurance law does not prohibit anyone from using…
Question: “My employee lives in another state but does not write any insurance there, and she works remotely out of our office in New York. Does she need a resident…
Question: “Why does the New York State Department of Financial Services charge me $10 if I renew my agent’s or broker’s license less than 60 days before renewal?” Answer: The…
An admitted insurance company (also known as a “licensed” or “authorized” company) is one that holds a license issued by the insurance regulators in a particular state. (The Department of…
[The following is a re-publication of a post that originally ran in 2011.] Question from an IIABNY member: “I have a personal lines customer who called saying he has a person…
In February 2019, the New York State Legislature passed and the governor signed the Child Victims Act. The law’s purpose is to permit people who suffered sexual abuse as children…
We are asked pretty frequently, “Why does my Agent’s License show as inactive?” An Agent’s License (PC or LA) is all about the relationship between the insurance company and the…
New York State’s so-called “scaffold law” is paragraph 1 of Section 240 and paragraph 6 of Section 241 of the state’s Labor Law. Its purpose is to protect construction workers…
The New York State Department of Financial Services today proposed a six-month extension to a special coverage arrangement for vehicles used by drivers for transportation network companies (TNCs) such as Uber and…
TNC Status in New York Transportation network companies (TNCs) were authorized to operate in New York State starting June 29, 2017. TNCs have been operating in New York City under…
