In an article published in the May 2 edition on page 20, astatement about New York state surplus lines placements was basedon outdated information.

In the article, National Underwriter quoted a New York-basedretail agent who warned about a state law requiring a wholesalerplacing New York E&S business to have a physical address in thestate.

Changes to that law took place in October 2003, according to DanMaher, executive director of the Excess Lines Association of NewYork, who confirmed that full non-resident E&S licenses wereadded to the law.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.