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4 Jul 2010, 10:47 pm
Consider the following 1982 NY Times article I found discussing the major push for antitrust exemptions in the early 1980s. [read post]
1 Jul 2010, 6:49 am
[Circular Letter 8 (2010)] dated June 29, 2010 and posted yesterday on the NY Insurance Department website, clarifies that as a result of amendments to §4223(c)(1), made at the time provisions relating to indexed annuities were added, recapture of bonuses on fixed annuities or fixed accounts of variable annuities, are not permitted. [read post]
1 Jul 2010, 6:00 am
What is happening inside of our nursing homes and inside of our physical rehabilitation centers today would shock the average person. [read post]
28 Jun 2010, 6:48 am
And, not surprisingly, the NYS Department of Labor has changed its position on permissible deductions. [read post]
27 Jun 2010, 8:44 pm
Some states will include other practitioners such as chiropractors (this is the case, for example, in NY). [read post]
23 Jun 2010, 3:24 am
In The New Kayak Pool Corp. v Kavinoky Cook Llp ;2010 NY Slip Op 05176 ;Decided on June 11, 2010 ;Appellate Division, Fourth Department we see the Third Department's short-form answer. [read post]
21 Jun 2010, 3:44 am
Termination for cause may result in the loss of fringe benefits in retirementFarrell v City of Rensselaer, NYS Supreme Court, Justice James B. [read post]
18 Jun 2010, 9:15 am
As we reported last week, the New York State Department of Health (DOH), for one, has failed miserably at this. [read post]
15 Jun 2010, 4:04 am
A 3-2 decision last week in the Appellate Division (Second Department) has set the stage for a return of New York’s problematic No-Fault law to the Court of Appeals, New York’s highest Court. [read post]
14 Jun 2010, 9:53 am
Matter of Jessica Coulter v State of NY Insurance Department Petitioner brought about this Article 78 case to review a determination of the State of New York Insurance Department adopting the recommendation of a hearing officer and revoking petitioner’s insurance broker license in New York. [read post]
10 Jun 2010, 6:33 am
Paterson has signed legislation that gives the state the power to block what it deems unreasonably high health insurance premium increases for millions of New Yorkers.The new law, which covers about three million people enrolled in small-employer or individually purchased plans, requires insurance companies to apply to the state Insurance Department before they can raise premiums. [read post]
7 Jun 2010, 2:44 pm
The Insurance Department subsequently issued a circular letter to insurance companies licensed to do business in New York State, informing them of the requirement to treat same-sex couples who had married elsewhere as being married for purposes of insurance policies sold in the state. [read post]
7 Jun 2010, 1:29 pm
Reduction of Medicare premiums reimbursed to retirees in NYSHIP, the NY State Health Insurance Program for State and Local Government proposedSource: The NYS Legislative Retrieval Service - Assembly 9706-BNYPPL notes the introduction of Assembly 9706-B, Part U, a measure that proposes an amendment to Civil Service Law §167-a that is draconian in nature and ignores completely the underlying reasons why §167-a was proposed and enacted into law in 1966.A brief… [read post]
4 Jun 2010, 8:45 am
Tom Hartman of the New York State Insurance Department recently reported these approval statistics for 2009: Prior approval where only legal review was necessary: 45 days Prior approval where both legal and actuarial review was necessary: 126 days There has been a marked improvement in these times and it was noted that a significant number of the legal staff are relatively new and that over the last couple of years they have gotten more experienced and able to review forms more… [read post]
3 Jun 2010, 9:45 am
Yesterday, June 2, 2010, the NY Insurance Department posted a [proposed circular letter] regarding excess withdrawals and the impact they may have on guaranteed withdrawal benefits. [read post]
3 Jun 2010, 7:33 am
At last week's Speed-to-Market seminar, Peter Dumar of the New York State Insurance Department presented on Supplement 1 to Circular Letter 27 (2008) (CL27). [read post]
30 May 2010, 4:53 pm
Amusingly, the Sheriff’s department is referring to motorists who paid as “victims,” even though they were in a better position than if they had simply pled guilty to the traffic offences and paid the legitimate fine — the “victims” received no demerit points and no insurance penalty. [read post]
26 May 2010, 1:36 pm
Under the terms of their Fort Lauderdale wrongful death settlement, Leyritz’s insurer will pay Veitch’s husband and two young children, Kayla and Julian, $250,000. [read post]
24 May 2010, 11:29 pm
(See also the NY Times’ front-page piece on Judge Weinstein this weekend, discussing his “crusade” against the “unnecessary cruelty” of the law here.) [read post]
17 May 2010, 5:09 am
For example, NY Gen. [read post]
