While the full implications of the New York State Department of Financial Services’ (DFS) cybersecurity regulation, which went into effect March 1, are still being realized by the insurance industry, many are beginning to question the regulation’s impact to directors …
New York State’s Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses employing people with criminal convictions. The regulation, called Insurance Regulation 209, serves …
Governor Andrew M. Cuomo has announced that new health insurance reforms aimed at combatting New York State’s heroin and opioid crisis will go into effect January 1, 2017. These reforms were part of the legislative package that the Governor signed …
New York State Department of Financial Services (DFS) Superintendent Maria T. Vullo has announced that the DFS has updated its proposed cybersecurity regulation to protect New York State from the ever-growing threat of cyber-attacks. The proposed regulation, which serves as …
New York’s financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cyber security rules, a person familiar with the matter said. The regulator, the New York State …
The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing risk of cyber attacks, Governor Andrew Cuomo announced. The proposed …
The New York State Department of Financial Services (NYDFS) announced that its Holocaust Claims Processing Office is the recipient of the 2016 Outstanding Citizens Award from the Anne Frank Center for Mutual Respect in New York. Established in 1997, the …
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. …
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 …
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 …
