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ISSUED 06/12/2008 FOR IMMEDIATE RELEASE

MEDIA ADVISORY: INSURANCE DEPARTMENT HOLDING MANHATTAN PUBLIC HEARING JUNE 13 ON WHETHER TO EXPAND EXPORT LIST

The Insurance Department will hold a public hearing on June 13 in Manhattan to determine whether Superintendent Eric Dinallo will revise eligible coverages on the export list, as set forth in Insurance Department Regulation 41 (11 NYCRR 27). The hearing will explore the possibility of increasing insurance capacity by easing access to unauthorized insurers when the authorized insurance market is unresponsive.

WHERE:
New York State Insurance Department
Neil Levin Hearing Room
Fifth Floor
25 Beaver Street
New York, NY 10004

WHEN: Friday, June 13. The hearing will begin at 10 a.m. and continue until 5 p.m. or until testimony is complete.

WEBCAST: The hearing will be webcast live at www.webcatter.com/live/nysins.

Press Contacts:
Andy Mais 212-480-5262
Ron Klug 212-480-2285

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Department of Financial Services

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