Search for: "SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK"
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10 Mar 2012, 4:50 pm
On March 15, 2012, the Supreme Court of Nassau County New York (Court) is scheduled to consider a Petition by the Superintendent of the New York State Department of Financial Services (Superintendent) for an Order of Liquidation and Approval of a Restructuring Agreement for Executive Life Insurance Company of New York (ELNY). [read post]
2 Nov 2011, 1:46 pm
A 2010 law requires insurers to seek the prior approval of the New York Department of Financial Services to raise certain health insurance rates and to support the rate increase requests with “substantial” and detailed information. [read post]
19 Aug 2008, 10:04 am
In response to concerns over the adequacy of reserves held by some charitable gift annuity programs, the New York State Insurance Department issued a notice imposing additional requirements for such reserves. [read post]
22 Apr 2010, 12:32 pm
New York Insurance Superintendent James Wrynn and Queens County District Attorney Richard Brown led off the program with remarks about what their respective offices are doing to combat and prosecute no-fault fraud in New York. [read post]
31 Jan 2022, 5:12 pm
The New York Senate has confirmed Governor Hochul’s nomination of Adrienne Harris to serve as Superintendent of the state’s Department of Financial Services. [read post]
7 Jul 2008, 1:13 pm
"Superintendent Dinallo further stated that he believed the National Association of Insurance Commissioners might follow New York's lead with respect to the proposed regulation, noting that Florida is already using New York's collateral proposal as a model. [read post]
17 Oct 2011, 11:33 am
State life insurance guaranty associations will contribute $730 million. [read post]
27 Oct 2009, 6:07 am
From the NYS Insurance Department's website come these two Office of General Counsel Opinions from September 2009 relevant to property and casualty insurers doing business in New York. [read post]
15 Dec 2011, 2:40 pm
Joining DFS in the investigations were the Office of the Inspector General (OIG) of the New York State Workers Compensation Board, the New York State Insurance Fund (NYSIF) and other insurers. [read post]
13 Sep 2007, 9:27 am
Superintendent Eric Dinallo has announced the formation of the New York State Insurance Department Elder Protection Unit, which he said will support elderly residents in dealing with their insurance concerns. [read post]
3 Dec 2007, 1:37 am
After a lengthy legal battle between New York's Comptroller and the Superintendent of Insurance, New York's highest court has held that the Comptroller may not exercise its audit powers over the New York Liquidation Bureau (NYLB) and may not audit funds/assets under the NYLB's control. [read post]
8 Jul 2008, 9:15 am
The issues of contingent commissions and producer compensation disclosure has reached the forefront of New York regulatory law, as the Supreme Court of New York, Appellate Division, First Department recently ruled in favor of the insurance industry in the matter of People v. [read post]
29 Aug 2007, 5:25 am
In a press release issued August 28, 2007, New York Insurance Superintendent Eric R. [read post]
1 Apr 2009, 6:21 am
On Tuesday, March 31, 2009, New York State Insurance Department (“NYSID”) Superintendent Eric Dinallo announced that the NYSID entered into a Memorandum of Understanding (“MoU”) with the Autoridade Monetária de Macau (“AMCM”), Macau’s insurance regulator. [read post]
28 May 2009, 4:50 pm
While many may have already heard the news, the New York State Insurance Department posted Governor Paterson's [press release] announcing the resignation of Superintendent Dinallo late today. [read post]
13 Jul 2011, 1:53 pm
Bing, who was serving his fifth term in the New York State Assembly, assumed his new position just prior to the June 23, 2011 motion by the Superintendent of the New York Insurance Department to postpone the deadline for filing a proposed order and plan of liquidation for ELNY with the New York State Supreme Court of Nassau County from July 1, 2011 to August 10, 2011 "in order to present a… [read post]
8 Jul 2011, 5:14 am
The group was expected to complete the draft business plan by Fall but its efforts were put on hold when Governor Andrew Cuomo announced that the New York State Insurance Department would be merged with the Banking Department to form the Department of Financial Services. [read post]
24 Nov 2008, 11:59 am
In congressional testimony before the House Agriculture Committee on Thursday, November 20, 2008, New York Superintendent of Insurance Eric Dinallo announced that New York is postponing its plans to regulate certain credit default swap contracts (“CDS Contracts”) as insurance. [read post]
6 Dec 2010, 11:52 am
Fresh off his run for New York attorney general, the former New York State insurance superintendent is heading to the financial institutions group at Debevoise to represent clients in matters ranging from litigation to mergers and acquisitions. [read post]
23 Mar 2009, 6:06 am
Since the frequency rules are part of the New York State Medicaid program DME fee schedule, and because the no-fault system adopts the New York State Medicaid program fee schedule for DME billing and reimbursement, the frequency rules apply to DME dispensed in connection with no-fault insurance claims. [read post]
