A drive to expand insurance availability for New York State'shard pressed coastal homeowners and for modification of the state'snew workers' compensation law top the Independent Insurance Agents& Brokers of New York (IIABNY) legislative agenda for 2008.

IIABNY said it is asking for improvements to the state's CoastalMarket Assistance Program (C-MAP). Under C-MAP, the New YorkProperty Insurance Underwriting Association (NYPIUA), which is thestate-sponsored insurer of last resort, offers homeowners insuranceto those who cannot find coverage through the standard market.

Currently, IIABNY noted, NYPIUA offers basic coverages such aswind and fire but excludes other coverages that homeownersrequire.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

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