Get Ny Oc-409

The Special Investigation Unit (SIU) is a specialized division within insurance companies tasked with investigating claims that may involve fraud, misrepresentation, or other irregularities. Their primary responsibility is to protect the insurer's interests by conducting in-depth investigations.

Section 409 of the New York Insurance Law and Regulation 95 require insurers to file a plan for the detection, investigation and prevention of insurance fraud with DFS.

The Article 43 Corporation must maintain operations in New York with officers and personnel having decision making powers adequate to provide the primary functions and services necessary to fulfill its responsibilities to policyholders and its obligations under the New York Insurance Law.

If you filed a claim and were assigned a number, you can call (646)264-3000 for information about your claim. If you are a U.S. Department of Labor employee, please call (816)502-0301 for claim status information.

No foreign or alien property/casualty insurance company shall be licensed to do business in this state unless it shall have continuously transacted an insurance business in the state or country of its incorporation for at least three years immediately prior to the issuance of such license.

Insurable interest in property. No contract or policy of insurance on property made or issued in this state, or made or issued upon any property in this state, shall be enforceable except for the benefit of some person having an insurable interest in the property insured.