NU Online News Service Aug. 20, 3:35 p.m. EDT

A public hearing by the New York Department of Insurance on whether to add coverages to the state’s excess and surplus lines “export” list was deemed successful by an agent trade association.

According to the department, the hearing was held pursuant to Section 2118(b)(4) of the state’s Insurance Law, authorizing the superintendent to amend the number of declinations required to be obtained prior to making an excess line placement, with respect to particular coverages.

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

Already have an account?


Complex Claims & Litigation Forum 2023Event

Aimed to help Insurers prevent, prepare and prevail In adjudicating complex claims, negotiating settlements and winning cases.

Get More Information


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.