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Thursday, nov 14
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Nassau County, Long Island, NY
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Insurance Companies Barred From Canceling, Raising Rates On Hate Crime Victims Under New NY Law
Victims of hate crimes no longer have to fear retaliation from their insurance companies under a new law in New York. On Monday, Dec. 12, Gov. Kathy Hochul signed legislation that prohibits insurers in the state from canceling policies or raising premiums on the basis that a claim was filed for a loss resulting from a hate crime. The law also bars insurance companies from refusing to issue a policy or refusing to renew a policy solely on that same basis, Hochul’s office said. It applies to claims that are made against policies during the preceding five years where the individual has provi…