NU Online News Service, Nov. 21, 2:32 p.m. EST
New York has implemented new speed-to-market rules that eliminate rate and form regulation of most commercial-risk insurance policies.
Benjamin Lawsky, New York State superintendent of Financial Services, says regulations have been issued that exempt insurers from rate filing and form approval requirements when issuing a policy to businesses that generate annual commercial risk insurance premiums of more than $25,000 in property and casualty insurance.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
