Can an Insurer Renew a Policy Short-Term Then Non-Renew?
Question from an IIABNY member: “One of my insureds has a Business Owner’s Policy, issued by an admitted carrier, that is about to expire on June 26, 2012. As of…
Question from an IIABNY member: “One of my insureds has a Business Owner’s Policy, issued by an admitted carrier, that is about to expire on June 26, 2012. As of…
Question from an IIABNY member: “The carrier set up a policy for non-renewal, issued the renewal, then told us that the non-renewal will stand. They said it was a system error that…
Question from an IIABNY member: “We have a situation where one of our insurance companies is non-renewing a commercial middle market client due to bankruptcy/Chapter 11. One of our other…
I often receive questions from IIABNY members about non-renewal notices and the reasons given for non-renewal. The member usually wants to know whether it is legal under New York law…