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  5. 49 N.Y.2d 942 (1980)
 

COHN v. ROYAL GLOBE INS. CO.

49 N.Y.2d 942 (1980)

Selig Cohn, Deceased, by Frances Cohn, as Intended Administratrix and Individually, Respondent, v. Royal Globe Insurance Company, Respondent, and Hartford Insurance Company, Appellant.

Court of Appeals of the State of New York.

Decided April 22, 1980.

Attorney(s) appearing for the Case

Lester E. Fetell and Seth E. Coen for appellant.

Dennis P. Hannafey, Ernest Miller and Myles Elber for Royal Globe Insurance Company, respondent.

Pamela Anagnos Liapakis and Nicholas Papain for Selig Cohn, respondent.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur in memorandum.

MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs.

Section 313 (subd 1, par [a]) of the Vehicle and Traffic Law provides expressly that insurance cancellation notices "shall include in type of which the face shall not be smaller than twelve point a statement that proof of financial security is required to be maintained". In light of this statutory mandate, we cannot say that the arbitrator...

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