New York A03770 allows insurers to offer loss mitigation or loss control programs at no cost or reduced cost to policyholders.
New York A03770 amends the insurance law to ensure that certain provisions about rebating and discrimination do not prevent insurers from providing loss mitigation or loss control programs at no cost or reduced cost to policyholders. This change is intended to support policyholders in preventing or reducing losses, while adhering to regulations set by the superintendent.
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