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Insurance Industry Tenants Affordable Housing

Orrick, Herrington & Sutcliffe LLP

NYDFS issues guidance insurers regarding discrimination in affordable housing market

On June 24, Gov. Kathy Hochul announced guidance issued by NYDFS in Circular Letter No. 6 (2024) informing insurers and related parties that, under the new Insurance Law § 3462, making coverage decisions based on a property’s...more

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