Gothamist: New York Warns Insurers To Stop Discriminating Against Renters With Housing Aid

Gothamist, June 24, 2024, New York Warns Insurers To Stop Discriminating Against Renters With Housing Aid

New York state’s insurance regulator is warning companies that they can’t deny coverage to property owners because they rent to low-income tenants or residents with government housing subsidies.

The state’s Department of Financial Services began sending letters today to property insurers, detailing a new state law that bans them from asking about tenants’ source or level of income and then refusing to cover apartment buildings based on those tenant characteristics.

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