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In the News
Consumer Affairs Guide: Life Insurance for Women
There is a wonderful guide that’s been published by Consumer Affairs in connection with highlighting the importance of Life Insurance for Women. The life insurance Guide compares and contrasts different life insurance options, and is available to access by anyone at anytime. Take a look here https://www.consumeraffairs.com/insurance/life.html#women-and-life-insurance
The Life Insurance Industry Advocates for Modernization in Albany
Life Insurance Council of New York Members Push for Measures That Will Allow New Yorkers to Have Access to More Insurance Products, More Quickly May 2, 2017—Senior executives from New York’s life insurance companies are meeting with state leaders in Albany (today) as part of the Life Insurance Council of New York’s (LICONY) Day on […]
DFS Superintendent Vullo Supports CSBS Lawsuit Challenging Proposed OCC “Fintech” Charter
This just in from New York State Department of Financial Services . . . . . April 26, 2017 : Statement by New York Financial Services Superintendent Maria T. Vullo Regarding the Lawsuit Filed by the CSBS Challenging the Authority of the Comptroller of the Currency to Create a Nonbank Special-Purpose National Bank Charter for […]
DFS Reminds Health Insurers of Their Obligation to Cover Office Visits That Also Include Medical Marijuana Certification, Among Other Services
NYDFS—April 12, 2017—Financial Services Superintendent Maria T. Vullo announced today that the Department of Financial Services (DFS) is reminding all insurers authorized to write accident and health insurance in New York State, including health maintenance organizations, student health plans and municipal cooperative health benefit plans, that they must provide coverage for office visits for covered […]
Congratulations to Megan Townley of MSO!
MSO ANNOUNCES PROMOTION OF MEGAN TOWNLEY “Megan has been instrumental in building MSO’s national presence in the P&C industry. She is a very valuable member of the MSO Team.” Glen Rock, N.J. – April, 2017 – MSO, Inc. (The Mutual Service Office, Inc.) is pleased to announce the promotion of Megan Townley to the position […]
State Trade Associations and Home Building Project Concerns
State Trade Associations Collaborate to Inform New Yorkers About Home Building Project Concerns This just in from the Professional Insurance Agents of New York State and the New York State Builders Association April 6, 2017, ALBANY, N.Y.In time for the spring building season, the New York State Builders Association and the Professional Insurance Agents of […]
DFS Superintendent Vullo Directs Insurance Companies to Submit Disaster Response and Recovery Plans
From the New York State Department of Financial Services March 28, 2017 Contact: Richard Loconte, 212-709-1690, Richard.Loconte@dfs.ny.gov Plans Aimed at Ensuring Companies Are Proactively Prepared to Address Consumer Needs before a Disaster Strikes Insurers Also Directed to Submit Disaster Response Plan and Business Continuity Questionnaires to DFS Financial Services Superintendent Maria T. Vullo today announced that all […]
New York Insurance Broker Sentenced in $1M Fraud Scheme
(With thanks to Insurance Journal) An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He also admitted failing to file state income taxes. Prosecutors say he fraudulently solicited over $1 million […]