The New York Department of Financial Services has adopted amendments to its insurance holding company regulation, which are intended to (i) harmonize the regulation to the NAIC’s Model Insurance Holding Company System...more
- Accreditation Insurance Holding Company Insurers NAIC Proposed Amendments
New York licensed insurers are now required to participate in nonbinding mediations with certain Storm Sandy claimants who have disputed or unresolved claims. Insurers are required to send notices of the mediation option at...more
- Hurricane Sandy Insurers Mediation
Originally published in Best's Review - November 2012.
Many insurers that are not authorized to do an insurance business in New York are interested in entering, to some extent, the New York insurance market. Insurers,...more
- Licenses New York Insurance Market
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