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Dear Policyholder, On April 7, 2020, the Governor issued Executive Order (EO) No. 202.14, which temporarily modified Insurance Law Sections 3216(d)(1)(C) and 4306(g), and also granted the Superintendent of Financial Services the authority to promulgate Emergency Amendments to Insurance Regulation 62 to implement such EO, subject to consideration by the Superintendent of the liquidity and…

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Pursuant to Governor Andrew Cuomo’s Executive Order 202.14, on April 7, 2020 the Department of Financial Services issued Emergency Regulation 62, which states in part that insurers “…shall extend the period for the payment of premiums to the later of the expiration of the applicable contractual grace period and 11:59 p.m. on June 1, 2020 for any…

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