Search for: "SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK"
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10 Aug 2011, 6:32 am
The Superintendent of the New York Insurance Department, serving as Rehabilitator for Executive Life of New York (ELNY), has informed the New York Supreme Court of Nassau County by letter that it 'is not in a position to submit a consensual proposed order and plan of liquidation on or before August 10, 2011" as previously promised. [read post]
23 Jan 2008, 9:24 am
If you had to credit just one man for yesterday’s 600-point stock-market turnabout, you might tip your hat to Eric Dinallo, the New York State Insurance Superintendent. [read post]
28 Nov 2007, 2:35 am
In late June, as previously reported here, both houses of the New York state legislature passed a bill proposing to reverse New York's longstanding "no-prejudice rule," which provides that an insurer need not establish prejudice in order to disclaim coverage on late notice grounds. [read post]
1 Dec 2008, 9:55 am
Monroe Community College, in which a New York state appellate court held that plaintiff Patricia Martinez’s valid, out-of-state marriage to her same-sex partner was entitled to recognition in New York State as a matter of comity. [read post]
24 Sep 2012, 9:10 am
Take, for example, the rules and regulations promulgated by the combined agency formerly known as the New York State Insurance Department -- the New York Department of Financial Services. [read post]
7 Dec 2015, 2:04 pm
Candidate 2016, Pace Law School The mission of the New York State Department of Financial Services (DFS) is “to reform the regulation of financial services in New York to keep pace with the rapid and dynamic evolution of these industries, to guard against financial crises and to protect consumers and markets from fraud. [read post]
New York DFS Consumer Protection and Financial Enforcement Division: New Name, New Look, Old Mandate
29 May 2019, 12:08 pm
On April 29, 2019, just months into her new job at the New York State Department of Financial Services (“DFS”), acting DFS Superintendent Linda Lacewell announced a significant reorganization within the financial and insurance regulator. [read post]
10 Dec 2010, 12:28 pm
IIABNY, Inc. and others filed an Article 78 proceeding against New York Superintendant of Insurance James L. [read post]
14 Sep 2009, 6:36 am
Regarded by some as my no-fault nemesis, Brooklyn attorney Ray Zuppa began this campaign in June 2008 by filing a class action "bad faith" action in New York State Supreme Court, New York County, seeking only declaratory relief. [read post]
12 Mar 2012, 1:49 am
Hodson, and former Superintendent of the New York State Insurance Department Gregory V. [read post]
30 Jul 2007, 11:20 pm
So, the Superintendent says, New York must play catch-up with a big rate hike;The State of New York had previously "appropriated" $691M of medical malpractice insurance reserves to balance the state budget from the Medical Malpractice Insurance Association. [read post]
5 Nov 2016, 2:22 pm
New York State Comptroller Thomas P. [read post]
2 Jan 2013, 7:59 pm
Lawsky, Superintendent of New York's Department of Financial Services, acting as Receiver for Executive Life of New York, (Superintendent) receive a "free pass" for all actions taken by his predecessor Superintendents and their agents during the past 21 years with respect to Executive Life of New York (ELNY) rehabilitation and liquidation no matter how egregious and regardless of whether or not those actions were… [read post]
23 Jul 2018, 6:39 am
Fifth Circuit Court of Appeals and also supplements existing consumer protections that already exist in New York, including setting reasonable limits on compensation and compensation transparency for the sale of a life insurance or annuity product in New York State. [read post]
16 Apr 2021, 9:29 am
Department of Financial Services last month: To: All New York Domestic and Foreign Insurance Companies Re: Diversity and Corporate Governance As Superintendent of the New York State Department of Financial Services (DFS), I have consistently stressed the critical importance of diverse perspectives to problem-solving. [read post]
27 Mar 2012, 5:48 am
Attorney Edward Stone ignited a firestorm of objections yesterday from Sidley Austin attorneys representing the Superintendent of the New York State Department of Financial Services (Superintendent), as Receiver for Executive Life of New York (ELNY), when he introduced Douglas A. [read post]
2 Nov 2007, 4:16 am
In the wake of New York Superintendent Eric Dinallo’s announcement that New York was changing the rules surrounding collateral requirements for foreign reinsurers, it was reported last week that several other U.S. states are contemplating similar changes.As we previously discussed here, Dinallo’s proposal would end the current rule in New York whereby foreign reinsurers are required to post collateral equal… [read post]
13 Aug 2008, 5:59 pm
Coincidental with the very rainy weather we've been experiencing during what may loosely be called this summer, and in response to the recent amendment of Insurance Law § 3444, applicable to all homeowners and dwelling fire personal lines policies issued or renewed on or after August 31, 2008, the New York State Insurance Department today issued Circular Letter No. 18 of 2008.Effective August 31, 2008, every insurer must provide… [read post]
15 Aug 2009, 9:33 am
A health insurer which sells policies in Georgia and other states has been subjected to a major fine and other sanctions by the state of New York, after New York officials accused it of leaving patients with huge hospital bills. [read post]
28 Oct 2009, 2:46 am
Gaul pointed out that captive agents can have a conflict of interest, even if thy represent one insurer, as that insurer may compensate them differently depending upon which product they sell.Two Updates to the Proposed DraftThe following two changes were made last week to the New York State Insurance Department’s (the “Department”) revised draft regulation regarding insurance producer compensation transparency: … [read post]
