ELANY Issues Reminder to E&S Insurers Regarding the Minimum Surplus Requirement Increase for Eligible Excess Line Insurers

NY | The Excess Line Association of New York (“ELANY”) has issued Bulletin No. 2024-25.

Effective January 1, 2025, all foreign E&S insurers writing business in New York are required to maintain a minimum surplus to policyholders of $49,000,000.

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