On July 29, 2022, the New York Department of Financial Services (NYDFS) published the pre-proposed second amendment to its Cybersecurity Regulations, 23 NYCRR 500 (Part 500), that if adopted, would likely require numerous...more
9/2/2022
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Cybersecurity ,
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On June 23, 2022, the New York State Department of Financial Services (NYDFS) announced the entry of a Consent Order in connection with its most recent cybersecurity enforcement action, which included a $5 million monetary...more
On December 22, 2021, Gov. Kathy Hochul signed Senate Bill S653A, relating to electronic delivery of property/casualty insurance notices. This bill amends the New York Insurance Law by adding section 3458, which takes effect...more
In 2010, the NAIC adopted the Insurer Climate Risk Disclosure Survey (Survey) “for state insurance regulators, investors, and consumers to identify trends, vulnerabilities, and best practices by collecting information about...more