New York governor signs law authorizing parametric insurance lines in the state
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New York governor signs law authorizing parametric insurance lines in the state

Most US states have been silent on the regulation of parametric insurance.

By Clark Mindock
December 16, 2024
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The New York State Supreme Court Building

New York Governor Kathy Hochul has signed a new law specifically authorizing parametric insurance as an official line of business in the state, subject to disclosure requirements.

The

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Topics

News Regulation US North East
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