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New York Warns Insurers about Some Homeowners' Cancellations

East News • November 20, 2008
New York Department of Insurance has this advice for insurers in the Empire State: Stop canceling homeowners' policies simply because a house in unoccupied. That announcement came in the form a ...

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Subject: RE: RE: NYS Ins Dep Circular letter??

Posted On: November 20, 2008, 2:11 pm CST
Posted By: Mongoose
Comment:
There is a huge difference between a vacant building or an unoccupied building. Unoccupied is not reason for cancellation. I believe that vacant is a signifcant change is risk and does constitute grounds for cancellation.

Since NY will have a race for a new governor perhaps the DOI superintendant should take on insurance copanies and their blanket cancellations solely because you are close to a body of water. By close I am refering to homes being cancelled because you are 1 mile from a bay not the Atlantic Ocean.

This should be a key concern of the DOI. That would really ensure your getting into the govenors seat.
Subject Posted By Posted On
RE: RE: NYS Ins Dep Circular letter?? Mongoose
Nov 20, 2008, 2:11 pm
RE: RE: NYS Ins Dep Circular letter?? Dan
Nov 20, 2008, 1:43 pm
RE: RE: NYS Ins Dep Circular letter?? Dan
Nov 20, 2008, 1:43 pm
RE: BOI Sham Adirondacker
Nov 20, 2008, 1:43 pm
RE: NYS Ins Dep Circular letter?? Here you go, Dan
Nov 20, 2008, 1:34 pm
NYS Ins Dep Circular letter?? Dan
Nov 20, 2008, 1:22 pm
RE: HO Cancellations - PA vandy
Nov 20, 2008, 1:21 pm
RE: HO Cancellations - PA Ellen
Nov 20, 2008, 1:18 pm
HO Cancellations - PA PA Mike
Nov 20, 2008, 1:12 pm
home cancellations paul wyak
Nov 20, 2008, 1:09 pm
BOI Sham InsMgmt
Nov 20, 2008, 1:06 pm
RE: RE: Home Cancellations re: unoccupied Ellen
Nov 20, 2008, 12:44 pm
RE: Home Cancellations re: unoccupied Dan
Nov 20, 2008, 12:40 pm
Home Cancellations re: unoccupied Ellen
Nov 20, 2008, 12:24 pm
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