Professional Insurance Agents of New York State Inc. President, T.J. Derella, CPIA, and president of Kingstar Co. of Kingston, N.Y. is scheduled to testify today on the need for the New York Property Insurance Underwriting Association (NYPIAU) to institute commercial liability coverage for general contractors.
Derella will offer a producer perspective on whether Superintendent Gregory V. Serio should exercise his authority to create, in NYPIUA, a residual market for commercial liability insurance.
The hearing is scheduled to begin today at 9 a.m. in the Legislative Office Building Hearing Room A, Albany, N.Y.
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
