Pursuant to Bulletin 20-15 issued by the New Jersey Department of Banking and Insurance, New Jersey policyholders who may be experiencing a financial hardship due to COVID-19 may request a 90-day grace period for the payment of insurance premiums. Such affected policyholders may elect to have the 90-day grace period take effect retroactively as of… Read more »
On April 1, 2020, Governor Lamont issued Executive Order 7S, which includes a provision stating that an insurer may not cancel a Connecticut policyholder’s insurance policy based on nonpayment of premium during the time period of April 1, 2020 to June 1, 2020, if the policyholder was in good standing with the insurer on March… Read more »
During the period that Governor Cuomo’s Executive Order 202.13 is in effect, currently until April 28, 2020, any New York resident individual or small business that is experiencing a financial hardship as a result of the COVID-19 pandemic and can provide a written attestation of that financial hardship, may be entitled to a 60-day grace… Read more »
