Placement of group casualty & group property insurance policies with unauthorized insurers
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New York DFS Insurance Circular Letters › Placement of group casualty & group property insurance policies with unauthorized insurers
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Insurance Circular Letter No. 14 (1981) - Amendment: Placement of Group Casualty and Group Property Insurance Policies with Unauthorized Insurers
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July 28, 1981
SUBJECT: INSURANCE
AMENDMENT TO CIRCULAR LETTER
NO. 14 (1981)
WITHDRAWN
TO: ALL EXCESS LINE BROKERS
SUBJECT: PLACEMENT OF GROUP CASUALTY AND GROUP PROPERTY INSURANCE POLICIES WITH UNAUTHORIZED INSURERS.
Department Circular Letter No. 14 (1981) dated July 24, 1981 contains a typographical error in the last sentence of paragraph one wherein reference is made to Section 123 of the Insurance Law. Said sentence is hereby amended to read as follows:
"Excess line brokers are only authorized, pursuant to Section 122 of the Insurance Law, to place business which is authorized to be written pursuant to the Insurance Law."
Very truly yours,
[SIGNATURE]
ALBERT B. LEWIS
Superintendent of Insurance
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.