The National Rifle Association is challenging renewed efforts by New York state officials to prevent a former regulator from being questioned under oath by the gun-rights group, the latest spat in a legal dispute over an NRA-branded insurance product. Last …
When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an aggressive ex-prosecutor who’d spent years under his wing. Now, in naming his latest chief of the state’s Department of Financial …
New York Governor Andrew Cuomo has nominated his chief of staff and counselor Linda Lacewell as superintendent of the New York State Department of Financial Services (DFS). The appointment was announced by Governor Cuomo’s office along with several of his …
Maria Vullo is stepping down as head of New York’s banking and insurance regulator, she said in an interview, after three years in which she created a national model for cybersecurity regulations at banks and fought back against federal attempts …
New York state officials are considering blocking parts of the $68 billion merger of drugstore store chain CVS Health Corp. and Aetna Inc., jeopardizing billions of dollars in insurance premiums for Aetna. CVS and Aetna won approval from the U.S. …
The National Rifle Association is suffering grave financial harm that threatens its ability to pursue its advocacy mission because of a “blacklisting” campaign by Gov. Andrew Cuomo and New York regulators, the gun rights group said in a federal lawsuit. …
The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard insurance program in violation of New York insurance law. Through …
The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state. It issued these updated requirements in light of disasters that may …
New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. Cuomo, a Democrat, noted …
The New York Department of Financial Services (DFS) has advised its regulated insurers to encourage policyholders that investing in commercial global positioning system (GPS) equipment could reduce motor vehicle collisions and result in lower insurance premiums. This move comes after …
