New York Issues Public Auto Classification Data Call

Nov 7, 2023 / by AAIS

On October 30, 2023, New York's Department of Financial Services (DFS) released a letter pursuant to Section 308 of the Insurance Law requiring companies reporting written premium for commercial automobile insurance to complete a survey. This survey requests detailed information on the total number of policies and direct premiums written, by category, for all public auto rate classifications during the time period of January 2022 through September 30, 2023. Any rate revisions that are being contemplated, or changes in your current level of writings in the immediate future, should also be included.

 

The survey is to be completed and submitted no later than December 20, 2023.

 

For information on how to complete and submit the survey, please see the instructions here

 

For any questions regarding the survey, please contact 308PublicAuto@dfs.ny.gov.

 

 

Links:

Section 308 Letter

Instructions

Tags: Compliance, Data Call, New York

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