NAIFA-NYS Legislative Updates

/NAIFA-NYS Legislative Updates

Statement of NAIFA-NYS President Phil Held on the Passing of Senator William Larkin

By | September 3rd, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

The life insurance agents and financial advisors join the many other New Yorkers mourning the passing of longtime state Senator William Larkin.  Our sympathies go out to his wife, Pat, son Bill, and many other relatives and friends. Bill Larkin was a friend to so many, and NAIFA-NYS was honored to be among that group.  Senator [...]

NYS Assembly Passes Our CE Credit Bill, 101-0

By | June 18th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

On June 18, the New York State Assembly approved unanimously—in a 101-0 vote—the NAIFA-NYS continuing education (CE) credit bill.  The legislation, which passed the NYS Senate 60-0 on June 7, would require the Superintendent of the Dept. of Financial Services (DFS) to grant three (3) CE credits to active members of insurance producer associations—including NAIFA-NYS—that operate [...]

NYS Senate Passes Our CE Credit Bill, 60-0

By | June 7th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

In the afternoon of Tuesday, June 4 the NYS Senate passed our Continuing Education Credit bill (S4365) in a 60-0 vote — a big win for NAIFA-NYS advocacy.  The bill would grant three (3) CE credits for active membership in a "statewide professional insurance producer association" like NAIFA-NYS and would define such as organization as one [...]

“Virtual” Day on the Hill Made a Difference

By | May 10th, 2019|Categories: Member News, NAIFA-NYS Legislative Updates, New York Issues|

Something big happened on Thursday, May 9:  in local districts around the state, NAIFA-NYS members sat down with their Assemblypersons and Senators and legislative staff and talked about NAIFA-NYS issues.  No travel to Albany, no major time away from the office.  Just friendly conversation—during NAIFA-NYS' first-ever "Virtual" Day on the Hill—about life insurance concerns that affect [...]

NAIFA-NYS Announces Its Full Calendar of Legislative Events

By | January 18th, 2019|Categories: Member News, Members, NAIFA-NYS Legislative Updates, New York Issues|

From the far edge of Western New York to way down on Long Island, from late January to early May, NAIFA-NYS will welcome state legislators (veterans and newcomers) to local events that showcase the issues and the values that NAIFA-NYS stands for.  It's not just NAIFA members and staff who look forward to these events ... [...]

Governor Nominates New DFS Superintendent

By | January 7th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

Governor Andrew Cuomo officially announced on January 4 his nomination of Linda Lacewell, his Chief of Staff, to replace outgoing Dept. of Financial Services (DFS) Superintendent Maria T. Vullo, who is slated to leave DFS by the end of January.  Ms. Lacewell was an assistant U.S. attorney in Brooklyn before joining the NYS Attorney General's office [...]

Governor Announces His “Justice Agenda” for 2019

By | December 27th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues|

Governor Cuomo has announced a 20-point progressive agenda for the first 100 days of the legislative session, preempting his own State of the State address in order, he said, to give the legislature maximum time to consider his proposals.  He asserted that his “Justice Agenda”, as he calls it, would make New York independent from federal [...]

DFS Supt. Vullo Announces Her Departure

By | December 19th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

Superintendent Maria T. Vullo has announced that she will leave the Department of Financial Services (DFS), effective February 1, 2019, after nearly three years heading the agency.  Under her leadership, the DFS has promulgated controversial cyber-security and "best interest" suitability regulations, among other initiatives.  Superintendent Vullo's statement is available HERE.

NYS Legislature Passes Our CE Credit Bill – Next Stop: Governor’s Desk

By | June 12th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

In the morning hours of June 12th, the NYS Assembly unanimously - in a vote of 120 to 0 - gave final passage to the NAIFA-NYS bill that requires the Superintendent of Financial Services to grant six (6) continuing education credits to active members of a statewide professional insurance producer association - including NAIFA-NYS. Huge thanks to [...]

2017 Was Record Year for Data Breaches in NY

By | April 2nd, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

A new study reveals that more than 1,500 data breaches were reported to the NYS Attorney General in 2017--a significant jump from 2016--and that the personal records of 9.2 million New Yorkers (thanks largely to the Equifax breach) were exposed.  The findings have prompted Attorney General Eric Schneiderman to push for new cyber-security legislation that he says [...]