New York Notice of Service on an "Unauthorized Insurer"

State:
New York
Control #:
NY-CIV-GP-74A
Format:
PDF
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Description

Notice of Service on an "Unauthorized Insurer" New York Notice of Service on an "Unauthorized Insurer" is a document served on an insurance company that does not possess a valid license from the New York State Insurance Department. This document serves as a notice that the company must immediately cease all activities related to offering insurance services in the state of New York. It also serves as an official warning that failure to comply with the notice will result in civil or criminal penalties. There are two types of New York Notice of Service on an "Unauthorized Insurer": 1. Notice of Violation: This notice is served on an insurance company that has violated the laws of New York State concerning insurance. This notice is usually served to the company's principal office and all other offices where they are engaged in insurance activities. 2. Notice of Cease and Desist: This notice is served on an insurance company that has been found to be operating without a valid license from the New York State Insurance Department. This notice informs the company that they must cease all activities related to offering insurance services in the state of New York and outlines the penalties for failure to comply.

New York Notice of Service on an "Unauthorized Insurer" is a document served on an insurance company that does not possess a valid license from the New York State Insurance Department. This document serves as a notice that the company must immediately cease all activities related to offering insurance services in the state of New York. It also serves as an official warning that failure to comply with the notice will result in civil or criminal penalties. There are two types of New York Notice of Service on an "Unauthorized Insurer": 1. Notice of Violation: This notice is served on an insurance company that has violated the laws of New York State concerning insurance. This notice is usually served to the company's principal office and all other offices where they are engaged in insurance activities. 2. Notice of Cease and Desist: This notice is served on an insurance company that has been found to be operating without a valid license from the New York State Insurance Department. This notice informs the company that they must cease all activities related to offering insurance services in the state of New York and outlines the penalties for failure to comply.

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New York Notice of Service on an "Unauthorized Insurer"