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New York News and Information
New York: Department Issues New Reinsurance Collateral Reduction Outreach Draft
The New York Insurance Department has posted on its website a new draft regulatory proposal that would allow for the reduction or elimination of collateral posting requirements for alien and unauthorized reinsurers. (Posted: 8/3/2010)
New York: No Reform for No Fault This Session
Reform of New York’s auto insurance no-fault system, one of the highest priorities for insurers this session, was left unresolved when the Legislature adjourned last week. (Posted: 7/6/2010)
New York: NAMIC Testifies at Insurance Department Hearing on Rate, Form Filing Reform
NAMIC testified before the New York Insurance Department during its hearing June 28 on an initiative to streamline processes, including the system for reviewing and approving rate and form filings. (Posted: 7/6/2010)
NAMIC Commends New York Insurance Department Effort to Reform Rate and Form Filing Procedures
The National Association of Mutual Insurance Companies today commended the New York Insurance Department for its work to reform insurance rate and form filing practices and procedures. (Posted: 6/28/2010)
New York: Deductible Triggers Discussed at Legislative Roundtable on Coastal Issues
Standardization of hurricane deductible triggers was a primary focus of discussions during a May 10 legislative roundtable on coastal homeowners’ insurance issues held at the state capitol. (Posted: 5/18/2010)
New York: Rate, Form Filing Initiative Moving Forward
An initiative to streamline the process by which rate and form filings are reviewed by the New York Insurance Department has moved forward steadily since being launched by Superintendent James Wrynn early in his tenure. (Posted: 5/11/2010)
New York: NAMIC Addresses Top Issues With Lawmakers During P/C Legislative Action Day
NAMIC member companies and staff brought high priority issues to the attention of New York lawmakers last week as part of a legislative action day co-sponsored by property/casualty insurance trade associations. (Posted: 5/4/2010)
New York Members in Washington to Kick-Off 2010 CCP
The second group to come to Washington for this year’s CCP was New York on April 14. Coincidentally, New York was here for the first week of the Silver Anniversary as one of the three original states to launch CCP 25 years ago. It was a terrific day for New York as they met with 16 members of the House of Representatives and in the Senate, had the opportunity to meet with Sen. Chuck Schumer, a top Democrat on the Senate Banking Committee. (Posted: 4/20/2010)
New York: NAMIC to Co-Host Legislative Action Day April 27
NAMIC members doing business in New York state can hear from and provide input to key policymakers on property/casualty insurance issues during the 2010 Property & Casualty New York Legislative Action Day co-hosted by NAMIC and other trade associations on April 27. (Posted: 3/23/2010)
New York: Insurance Department Invites Comment on Burdensome, Costly Regulations
The New York Insurance Department has issued an invitation for comment from regulated entities and interested parties “to identify existing regulations that impose unnecessary, burdensome or excessive costs, paperwork, reporting or other requirements.” (Posted: 3/16/2010)
New York: Systemic No-Fault Problems, Potential Solutions Outlined for Senators (2/9/2010)
2009 SUMMARY OF NEW STATE LAWS – NEW YORK (1/22/2010)
New York: NYIA Files Suit Over Assessments and Allocation Practices (1/19/2010)
NAMIC Comments on New York Insurance Association Suit Challenging State’s Use of Insurance Department Funds (1/13/2010)
New York: No-Fault Reform Garnering Attention; Legislative Hearing Planned (1/12/2010)
New York: Paterson Cites Goal of Establishing Insurance Exchange in State of the State Speech (1/12/2010)
New York: NAMIC Cites Concerns Over Assessments in Comments to Assembly Insurance Committee (1/5/2010)
New York: Department Proposes Changes to Reform Auto No-Fault Regulation (12/1/2009)
New York: Superintendent Wrynn Describes ‘Major’ Initiative to Streamline Filing Approval Procedure (11/17/2009)
New York: NAMIC Files Comments on Auto Flex-Rating Regulation (10/6/2009)
New York: Department Proposes Final Flex-Rating Regulation (9/8/2009)
New York: Governor Names Wrynn to Replace Dinallo as Superintendent (8/25/2009)
New York: Revised Draft of Producer Compensation Rule Includes Representation Distinction (7/14/2009)
New York: NAMIC Submits Comments Opposing Department Catastrophe Reserve Proposal (6/2/2009)
New York Insurance Superintendent Resigns (5/29/2009)
New York Members in Washington for 2009 CCP (5/5/2009)
New York: Court of Appeals Unmoved by NAMIC Amicus Arguments Regarding Earth Movement Exclusion (5/5/2009)
New York: Department Revives Catastrophe Reserve Regulation Proposal (4/21/2009)
New York: Budget Proposals Affecting Insurers Amended Favorably (4/7/2009)
New York: Department Circulates Producer Compensation Disclosure Requirement (2/17/2009)
New York: Department Issues Auto Flex-rating Regulations (1/20/2009)
New York: Breslin to Chair Senate Insurance Committee (12/16/2008)
Property & Casualty Committee Considers New Working Group on Contract Certainty (12/10/2008)
New York: Mere Non-occupancy Insufficient Grounds for Mid-term Cancellation, DOI Says (12/2/2008)
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