What is meant by Non-Domestic?
Non-Domestic, as it applies to the New York Liquidation Bureau, means that the company was not domiciled (headquartered) in the State of New York. However, the company conducted an insurance business in the State of New York and the Superintendent of Insurance was appointed Ancillary Receiver. Under New York Insurance Law, covered claims are paid by three funds – the New York Property / Casualty Insurance Security Fund, the New York Public Motor Vehicle Liability Security Fund, and the New York Workers Compensation Security Fund.
