News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Residential policies need to be simplified because customers are confused about what their policies protect, said Benjamin Lawsky, superintendent of New Yorks Department of Financial Services, in an exclusive interview with Bloomberg.
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