New York News

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Status Update to Reg 60 from the DFS

The DFS would like to advise you that the notice of adoption of the revised Reg 60 will be published in the Jan 21 issue of the State Register, and  so the amendments will take [...]

By | January 7th, 2015|Categories: NAIFA-NYS Legislative Updates|0 Comments

Lawmaker blocks TRIA bill over agent-licensing provision

Sen. Tom Coburn, R-Okla., is blocking a Senate vote on reauthorizing the Terrorism Risk Insurance Act backstop, which is set to expire at year-end. Coburn disagreed with a provision attached to the bill that aimed [...]

By | December 17th, 2014|Categories: NAIFA-NYS Legislative Updates|0 Comments

Act Now! Urge Your Senators to Support S.2244, Agent Licensing Reform Legislation

NAIFA-supported insurance agent licensing reform legislation known as the National Association of Registered Agents and Brokers (NARAB II) is poised to become law. Yesterday, the House of Representatives overwhelmingly passed S.2244, the Terrorism Risk Insurance [...]

By | December 11th, 2014|Categories: NAIFA-NYS Legislative Updates|0 Comments

Governor Signs NAIFANYS-Backed Key Insurance Consumer Bills

Bills advocated by NAIFA-NYS which would strengthen the Life Insurance Company Guaranty Corporation’s ability to protect insurance consumers and would give life insurers permission to pay out the accelerated death benefit applied for by a [...]

By | December 3rd, 2014|Categories: NAIFA-NYS Legislative Updates|0 Comments