New York State Department of Financial Services Superintendent Linda Lacewell News

Governor Andrew M. Cuomo has announced a $4.5 billion settlement with Purdue Pharma over the company’s role in falsely marketing its products. The owners of Purdue Pharma, the Sackler family, will be required to pay $4.5 billion over the next …

Tri-State Consumer Insurance Company will pay a $500,000 penalty to New York state for multiple violations of New York law. A New York State Department of Financial Services (DFS) investigation uncovered that Tri-State failed to timely comply with New York …