Judgment reversed, on the law, with costs, and proceeding dismissed.
Petitioner is directed to proceed to arbitration. Former subdivision 1 of section 313 of the Vehicle and Traffic Law provided, in part, that "[e]very * * * notice of termination for any * * * cause whatsoever sent to the insured 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 continuously throughout...
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