By Ross Todd | December 21, 2017
U.S. District Judge Haywood Gilliam's ruling comes less than a week after a judge in Philadelphia issued a similar injunction.
By Josefa Velasquez | December 20, 2017
The DFS posted on its website Tuesday night that it would delay enforcing a certain section of the regulation that deals with prohibition on inducements for future title insurance business and permitted expenses.
By Josefa Velasquez | December 13, 2017
Auto insurance companies in New York can no longer ask about education and occupation as factors for setting premiums, the state's Department of Financial Services said Wednesday.
New York Law Journal | Analysis
By Howard B. Epstein and Theodore A. Keyes | November 24, 2017
Corporate Insurance Law columnists Howard B. Epstein and Theodore A. Keyes write: Recently, the U.S. District Court for the Eastern District of Wisconsin and the Court of Appeals for the Seventh Circuit issued opinions that addressed the terms of a Reps and Warranties policy governed, according to the policy terms, by New York law.
New York Law Journal | Q&A|News
By Josefa Velasquez | November 15, 2017
The Department of Financial Services Superintendent Maria Vullo discusses the National Association of Insurance Commissioners' decision to adopt New York's cybersecurity regulations as its model law for adoption by its members, which include all 50 states' insurance commissioners.
By Josefa Velasquez | November 14, 2017
A Department of Financial Services investigation found that Connecticut-based Cigna illegally sold stop-loss insurance, which may only be sold to large group employers. The investigation also found that Cigna illegally sold fully insured policies outside of the state.
New York Law Journal | Q&A|News
By Josefa Velasquez | November 14, 2017
The New York Law Journal spoke with Venable counsel Alexandra Megaris, whose practice focuses on financial regulatory matters involving state attorneys general, regulatory agencies and the Consumer Financial Protection Bureau, about changes since President Donald Trump took office a year ago.
New York Law Journal | Analysis
By Jonathan A. Dachs | November 14, 2017
In his Insurance Law column, Jonathan A. Dachs writes: In a series of recent cases, the courts have analyzed the insurer's obligation to disclose the contents of its files, including attorney communications with regard to the decision of whether to accept or reject a claim, notwithstanding the insurer's invocation of the “material prepared for litigation” and/or attorney-client privileges—with mixed results.
New York Law Journal | Analysis
By Kenneth H. Frenchman, Marc T. Ladd and Alexander M. Sugzda | November 9, 2017
Kenneth H. Frenchman, Marc T. Ladd and Alexander M. Sugzda write: When purchasing property insurance, it is important to assess the risk of hurricane damage to your property and have a clear understanding of the coverage that you will have in place in the event of a hurricane.
New York Law Journal | Analysis
By Evan H. Krinick | November 2, 2017
In his Insurance Fraud column, Evan H. Krinick writes: Unless resolved by the Appellate Division or by the New York Court of Appeals, or clarified by the legislature or the Department of Financial Services, the Appellate Term split will make it difficult for automobile insurers to accurately calculate premium rates for no-fault coverage or to know which claims of health care providers they should pay.
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