For Your Information...Five things insurers need to know before doing an insurance business in New York by Frederic M. Garsson

more+
less-

Originally published in Best's Review - November 2012.

Many insurers that are not authorized to do an insurance business in New York are interested in entering, to some extent, the New York insurance market. Insurers, however, are often unaware that in several important respects insurance is regulated in New York differently than in many other U.S. states.

Insurers that enter the New York insurance market without being familiar with New York's distinctive insurance regulatory requirements (and distinctive reference to transacting insurance as “doing an insurance business”) could encounter unanticipated complications with respect to both their New York and non-New York business.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Saul Ewing LLP | Attorney Advertising

Written by:

more+
less-

Saul Ewing LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×