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New York DFS Adopts New Regulation Addressing the Treatment of Certain Bonds in a Domestic Insurer’s Investment Portfolio

Effective December 15, 2021 (and through the January 1, 2027 sunset date when the regulation will again be evaluated), the New York Department of Financial Services (“DFS”) adopted Regulation 172 (the “Regulation”), which...more

Storm Triggers Regulatory Precautions in NJ

As a result of the recent Tropical Storm Ida which has impacted many New Jersey residents, Governor Murphy has issued Executive Order No. 259, declaring a state of emergency. Consistent with the Executive Order, the...more

Lead Generation in Financial Services: Let Both the Buyer and the Seller Beware

Lead generation in the insurance field has become a robust business over the last decade  as competition increases and the market place remains stable or shrinking. The advent of sales on an electronic platform, cross...more

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