NY | The Excess Line Association of New York (ELANY) today issued Bulletin No. 2020-39. This bulletin confirms that the NY DFS has NOT extended the premium payment grace period and the moratorium on the cancellation, nonrenewal, or conditional renewal of policies due to financial hardship arising from the COVID-19 outbreak.
Current provisions for policyholder relief expired on July 6, 2020.
Click here to read the bulletin and associated executive orders for additional information. This includes guidelines for administering prior relief measures.