New York Gov. Andrew M. Cuomo has announced three appointments to the state Department of Financial Services. These appointments follow Cuomo’s recent nomination of Maria Vullo to serve as the superintendent of DFS. Matthew L. Levine has been appointed executive …
Hospitals and doctors told New York senators Wednesday they’ve got $200 million or more in unpaid bills because of last year’s financial failure of the insurance cooperative Health Republic, and they want the state to step in. Other insurers and …
The sudden collapse of the largest nonprofit insurance cooperative created by President Barack Obama’s health care law is causing headaches in New York, especially for medical providers owed millions of dollars for treating the failed plan’s patients. More than 200,000 …
U.S. Rep. Chris Gibson (R-N.Y., 19th district) formally requested New York State Comptroller Thomas P. DiNapoli investigate the state Department of Financial Service’s oversight of the failed Health Republic insurance co-op. State and federal regulators decided to close Health Republic, …
New York state authorities say they are taking additional steps meant to protect people covered by Health Republic Insurance as it shuts down. The New York State Department of Financial Services and Department of Health say about 100,000 individual members …
New York State and federal authorities say the shutdown of Health Republic Insurance of New York should accelerate after they found it is in worse financial shape than they knew when it was ordered to stop writing new policies a …
The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against …
Gemini Trust Company, founded by investors Tyler and Cameron Winklevoss, has been granted a license to operate as a chartered limited liability trust company by the New York State Department of Financial Services, the state regulator announced on Monday. Under …
Health Republic Insurance of New York, the Affordable Care Act insurer that got $265 million in U.S. loans, will stop selling policies and eventually cease operations under orders from New York and federal regulators. The insurer will be wound down …
New York State regulators have approved their first license to a company dealing in virtual currency such as bitcoin. Circle Internet Financial has outlined security, capitalization, controls against money laundering and other measures intended to protect consumers and root out …
