PROFESSIONAL INSURANCE AGENTS

New York

PIA's Two-Minute Survey

December 2017

If a policyholder with the New York State Insurance Fund wants to terminate the policy in order to move to a private insurer, a notice must be given to NYSIF 30 days in advance. For years, our association members have complained about this statutory privilege that often results in a short-rate penalty and unfair competition by NYSIF. We would like to get an indication of the scope of this problem, which may contribute to successful legislation in eliminating the 30-day notice requirement (one of our legislative priorities). Please help us by completing ALL questions on the following survey.

Question 1 of 10

On average, how far in advance of the renewal date does your agency contact NYSIF policyholders in order to market the risk to private insurers?