New York insurance regulation News

New York Regulator Subpoenas Insurance Broker About Trump Organization

New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former personal attorney testified to Congress that the president’s company sometimes …

New York Regulates Crime Insurance Underwriting of Firms Hiring Ex-Convicts

New York Governor Andrew Cuomo on Wednesday issued a regulation making it easier for businesses to hire former convicts by prohibiting insurance companies from refusing coverage for crime-related losses caused by employees. The commercial crime insurance regulation, the first of …

New York Confirms Vullo as State’s Top Financial Regulator

The New York State on Wednesday confirmed Governor Andrew Cuomo’s pick to become the state’s top financial regulator. The confirmation vote for Maria Vullo, Cuomo’s nominee for superintendent of the New York State Department of Financial Services (NYDFS), was unanimous. …

N.Y. Financial Regulator Nominee Vullo Signals Business-Friendly Approach

New York Governor Andrew Cuomo’s pick to become the state’s top financial regulator on Wednesday signaled she would take a more business-friendly approach than her predecessor, who was known for his pursuit of big banks. “I believe in compromise to …

Viewpoint: Tremendous Opportunity for N.Y.’s Department of Financial Services

The New York State Senate will be considering Governor Andrew Cuomo’s nominee Maria Vullo for the position of financial services superintendent. This nomination is only the start of a wave of potential change at the Department of Financial Services (DFS) …

Vullo Nomination Signals Shift at N.Y. Dept. of Financial Services

New York Governor Andrew Cuomo signaled a shift in New York’s oversight of Wall Street, tapping a longtime corporate lawyer to run the state banking regulator previously overseen by an aggressive career law enforcer. Cuomo on Jan. 21 nominated Maria …