Archive for April 24th, 2013

GOVERNOR CUOMO ANNOUNCES ZURICH AMERICAN TO REFUND $4.56 MILLION TO INSURANCE POLICYHOLDERS

SOURCE: www.dfs.ny.gov Insurer Spent Less Than Required 60 Percent Minimum on Claims Requirement is Designed to Protect Consumers and Hold Down Premium Costs Governor Andrew M. Cuomo today announced that Zurich American Insurance Company has agreed to refund $4.56 million to policyholders of its New York statutory disability insurance policies because the insurer failed to spend […]