Compliance Alerts

    New York Issues Private Passenger Automobile Data Call For Misrepresentations by Insureds

    Jan 18, 2024 / by AAIS

    On January 11, 2024, the New York Department of Financial Services (DFS) issued a data call to all licensed property and casualty insurers writing private passenger automobile insurance with 3,000 or more policies in force. This data call requests information regarding the incidence of misrepresentations by insureds of the principal place where their vehicles are driven and/or garaged. 

     

    The information requested should be submitted electronically via the DFS Portal, using the Rate Evasion Form (RE) contained in the Annual SIU Report application located withing the Annual SIU Report application, no later than February 15, 2024. For instructions on how to submit a report, please see the DFS Portal Instructions.

     

    Any questions regarding this data call should be directed to Christine Backel at (212) 480-5983 or christine.backel@dfs.ny.gov, or to Joseph Medina at (212) 480-5788 or joseph.medina@dfs.ny.gov.

     

     

    Links:

    Data Call

    DFS Portal Instructions

    Tags: Compliance, Data Call, New York

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