News from the Surplus Lines Industry and InsCipher
Update
New York - ELANY Bulletin 2025-23 - New Disclosure Requirement
Shared by Compliance
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ELANY has issued Bulletin 2025-23 regarding the enactment of Legislation A 3795 which introduces a new disclosure requirement for Line of Business code 7400.
As a courtesy, we will make the required disclosure statement available within the portal for use during policy issuance. Please note, however, that this disclosure is also required to be included in the application.
This legislation will take effect on November 15, 2025.
If you require further clarification or have specific questions, please contact ELANY directly.