New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter II - Agents, Brokers And Adjusters
Part 25 - Public Adjusters
Section 25.8 - Insured's right to cancel
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 25.8
Current through Register Vol. 46, No. 39, September 25, 2024
(a) The insured may cancel any compensation agreement until midnight of the third business day after the date on which the insured has signed the compensation agreement.
(b) Cancellation occurs when written notice of cancellation is given to the public adjuster as provided in subdivision (c) of this section.
(c) Notice of cancellation, if given by mail, shall be deemed given when such notice, properly addressed with postage prepaid, is deposited in a mailbox.
(d) Written notice of cancellation need not take the form prescribed and shall be sufficient if it indicates the intention of the insured not to be bound.
Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
