NU Online News Service, Dec. 20, 4:00 p.m. EST

New York State’s two major producer groups said they have received approval from the State Department of Insurance for their model forms that member agents and brokers can use to comply with New York’s new disclosure requirements.

The Independent Insurance Agents & Brokers of New York (IIABNY) and the Professional Insurance Agents of New York (PIANY) said they received approval last week from the insurance department.

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