DFS News

NY Regs Ask Insurers for Details of Business Interruption Policies in Wake of COVID-19

The New York State Department of Financial Services (DFS) has instructed insurers to submit details of business interruption policies that have been provided to insureds, as well as the coverage each policy offers regarding COVID-19. The instructions were issued on …

New York Regulator Alleges NRA Violated State Insurance Laws

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 …

New York Launches Online Re-Licensing for Insurance Agents and Brokers

The New York State Department of Financial Services (DFS) has launched an online application to speed up the re-licensing process for agents and brokers whose original licenses have been expired more than two years. The online re-licensing application is available …