New York health insurers have proposed premium increases averaging 17.3 percent for next year in the market for individuals and 12 percent for small groups. The New York State Department of Financial Services often reduces proposed increases before approving them. …
The Roman Catholic Diocese of Albany, New York, has sued state insurance regulators over requirements that workplace health plans cover employee abortions. The New York State Department of Financial Services lacks legislative authority to impose the requirements, and the mandate …
New York state’s comptroller urged federal authorities Tuesday to strengthen safety measures against oil spills and require trains to carry sufficient insurance to cover cleanup costs from major accidents. Comptroller Thomas DiNapoli is administrator of New York’s $40 million Oil …
New York’s Assembly voted 113-25 on March 22 to legalize mixed martial arts, clearing the way for fights late this year and expanding the combat sport into the last state to still prohibit it. New York Gov. Andrew Cuomo supports …
Hospitals and doctors told New York senators Wednesday they’ve got $200 million or more in unpaid bills because of last year’s financial failure of the insurance cooperative Health Republic, and they want the state to step in. Other insurers and …
New York regulators are considering a host of cybersecurity requirements for banks and insurers and urged other state and federal authorities to collaborate on establishing a framework of defenses for the financial sector. New York Financial Services Superintendent Anthony Albanese …
The foreclosure crisis persists in New York, even worsening in some suburban and upstate areas, the state comptroller reported Monday. Filings against homeowners unable to make mortgage payments spiked after the housing bubble burst in the 2008-2009 recession, according to …
New York lawmakers on June 19 approved tougher regulation of nail salons, intended to help protect some 40,000 workers — many of them female immigrants — from getting shorted on pay and otherwise mistreated. The Assembly’s unanimous vote, following Senate …
New York regulators said Monday that 11 lenders have agreed to monitor and maintain vacant properties in an effort to protect them and combat neighborhood blight. The banks, mortgage companies and credit unions represent nearly 70 percent of the New …
New York financial regulators have reached a settlement with Ocwen Financial Corp. requiring the nation’s largest subprime mortgage servicer to reform its practices and provide $150 million to help struggling New York homeowners. The consent order requires William Erbey to …
