New York regulation News

Insurance Journal’s Most Noteworthy Topics of 2020: East Region

From questions over business interruption policy coverage spurred by the COVID-19 pandemic to property damage due to civil unrest, as well as significant court cases and state regulatory actions, it was a busy year for East region insurers. Here’s a …

New York’s Financial Watchdog Proposes ‘Best Interest’ Rules

New York State’s top financial watchdog proposed regulations that would require sellers of life insurance and annuities to act in the best interest of clients, raising standards even as the U.S. government delays its fiduciary rule. Products that best fit …