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Personal lines

310257-00

Advertising insurance ‘discount’ misleading if refers to ‘quasi group’ rate

Can a bank in New York advertise that its customers are eligible for a discount on the insurance products sold by the bank’s affiliated insurance agency?

900173-00

Personal umbrellas and trusts

We have an insured who has put all his assets into a living trust. He has personal auto, homeowners, and umbrella policies with us. The company has changed the named insured on the personal auto and homeowners policies to reflect the trust, but it refused to do so on the umbrella. Would the umbrella still provide excess coverage over these policies, since the named insured is not the same?