Two businesses and their owners have been charged with fraud against the New York State Insurance Fund (NYSIF). Manuel Sanchez and his business Lagos Construction have been charged with grand larceny and other crimes for allegedly failing to pay insurance …
New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these practices into their risk management and business strategies. This move comes amidst …
The New York State Department of Financial Services (DFS) has fined The Signal, LP, an Assurant Company, $2.8 million for failing to comply with New York insurance laws. A DFS press release alleged that The Signal provided inadequate consumer disclosures …
The New York State Department of Financial Services (DFS) has filed charges and initiated administrative proceedings against Teva Pharmaceutical Industries Ltd. and its subsidiaries, as well as Allergan PLC and its subsidiary Allergan Finance LLC, in connection with the opioid …
The New York State Department of Financial Services (DFS) has issued an emergency regulation requiring New York-regulated insurers to accelerate the claims process for businesses and individuals suffering damage as a result of looting. Governor Andrew M. Cuomo’s announced the …
Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state after Governor Andrew Cuomo on Friday confirmed 11 additional cases of COVID-19, bringing the statewide total number of cases to …
The National Rifle Association of America (NRA) is seeking a preliminary injunction in federal court in an attempt to stop the New York State Department of Financial Services (DFS) from conducting enforcement proceedings against the association. This comes after DFS …
The New York Department of Financial Services (DFS) announced that it has served a statement of charges against the National Rifle Association (NRA). The Department alleges that the NRA, which does not have a license to conduct insurance business in …
Investigators from the Orange County Sheriff’s Office have charged a 56- year-old New York man with grand larceny in the third degree, a class D felony, and penalties for fraudulent practices, a class E felony. Robert Marra of Crawford, N.Y., …
New York State Police have arrested Jonathan A Schuyler, 23, of Fort Plain, N.Y., for the felonies of arson in the third degree and insurance fraud in the third degree, according to a press release issued by The New York …
