New York regulator encourages property insurers to offer free loss mitigation
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The New York Department of Financial Services (NYDFS) announced on Thursday the publication of a policy recommendation that encourages property insurers to offer free loss-mitigation options for policyholders that would ultimately reduce premium costs. NYDFS Superintendent Adrienne Harris cited the acceleration of climate-related disasters and property damage that has stressed the property insurance industry and [...]read moreNew York regulator encourages property insurers to offer free loss mitigation