In re the Arbitration between Allstate Insurance Co.

Order and judgment (one paper), Supreme Court, New York County (Karla Moskowitz, J.), entered on August 1, 1989, which granted the petition of petitioner to stay arbitration pursuant to CPLR article 75 to the extent of permanently staying arbitration and ordering and adjudging that respondent Hartford Insurance Company did not properly cancel an automobile liability policy issued to one Benjamin Solomon, *161and that on September 28, 1988, Benjamin Solomon was its insured, unanimously affirmed, with costs and disbursements.

Vehicle and Traffic Law § 313 (1) (a) requires that the "financial…