Governor Cuomo Appoints Hayes, Bing to Key Insurance Posts

Gov. Andrew M. Cuomo announced the appointment of Dennis J. Hayes to serve as Chief Executive Deputy Director of the State Insurance Fund. Most recently, Mr. Hayes was the Special Deputy Superintendent of the New York Liquidation Bureau (NYLB). He had previously served as Assistant Special Deputy Superintendent of the NYLB, where is oversaw the Reinsurance and Estate Management Divisions, since April 2007, and held key executive positions at the NYLB since joining its staff in 1996.

Mr. Hayes has 27 years of experience as an attorney specializing in insurance, reinsurance and receivership matters. From 2011 to 2003, he was the Executive Vice President and General Council to Recovery National Corporation in Tarrytown, NY, a company specializing in identifying and recovering unrealized reinsurance.

Mr. Hayes started his career in the insurance industry in 1982 as an attorney for the New York Insurance Exchange. From 1987 to 1996, he specialized in insurance law and regulatory matters for a private firm. Mr. Hayes graduated magna cum laude from Saint Leo University in 1974 and earned his J.D. from St. John’s University School of Law in 1981.

The Governor also announced the appointment of Assemblyman Jonathan Bing to serve as Special Deputy Superintendent of the New York Liquidation Bureau.

Most recently, Assemblyman Bing was serving his fifth term in the NYS Assembly where he represented the 73rd Assembly District since November of 2002. During his eight years in office, Assemblyman Bing has authored 70 pieces of legislation, 30 of which have been signed into law. His 2010 legislative successes included the law which provides for nofault divorce in New York State, ending the State’s notoriety as the only jurisdiction in the nation without this provision. Continuing his efforts from past sessions to cut red tape for New York’s small businesses, Assemblyman Bing authored two laws in 2010 that will reduce administrative burdens in the insurance and real estate brokerage industries.

The Assemblyman served on the Assembly’s Health; Housing; Insurance; Judiciary; Social Services; and Tourism, Parks, Arts & Sports Development Committees. He was appointed Chairman of the Assembly Committee on Oversight, Analysis and Investigation in February 2011, after previously serving as the chair of the Committee on Libraries and Education Technology, the Legislative Task Force on People with Disabilities and the Subcommittee on Mitchell- Lama Housing.

Assemblyman Bing has received multiple awards in recognition of his service including the 2008 Hunter College Presidential Medal, a 2008 New York League of Conservation Voters Education Fund Eco-Star award, and the 2005 Vanderbilt YMCA’s Champion of the Year Award.