"New York Deregulates Commercial Pricing" on Compare International Insurance.com

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New York Deregulates Commercial Pricing

From Risk(y) Business , 6 month ago, Read 0 times. Similar articles

The state of New York signed a bill into law that deregulates P&C premiums for insureds with greater than 15 million in sales and greater than 25K in premium. This move is an effort to spur more competitive rate environment for commercial insurance. Most States have a entry?point in premium and or sales for deregulation of commerical pricing. This move, though good for consumers, may work against stabilization of markets. There is a fine line in competitive rate promulgation and market... Read more
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