Professional Insurance Agents of New York State Inc. President, T.J. Derella, CPIA, and president of Kingstar Co. of Kingston, N.Y. is scheduled to testify today on the need for the New York Property Insurance Underwriting Association (NYPIAU) to institute commercial liability coverage for general contractors.
Derella will offer a producer perspective on whether Superintendent Gregory V. Serio should exercise his authority to create, in NYPIUA, a residual market for commercial liability insurance.
The hearing is scheduled to begin today at 9 a.m. in the Legislative Office Building Hearing Room A, Albany, N.Y.
Was this article valuable?
Here are more articles you may enjoy.
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
Prices for New Cars Have Soared. Here’s One Big Reason Why 
Florida House Gives Final Approval to Much-Debated Citizens Clearinghouse Bill 
P/C Statutory Results: The Highs and The Lows 
