News Alerts

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The DOL Fiduciary Duty Rule Is Dead

On June 21, the 5th Circuit Court of Appeals issued a mandate that made effective the Court's March 15 decision vacating - in full - the Department of Labor (DOL) fiduciary duty rule.  The mandate [...]

By | June 21st, 2018|Categories: News Alerts|0 Comments

Life Agents to DFS: Suspend Reg 187 Effort So All Parties Can Discuss Issues, Ideas

Life Agents to Regulators: Slow Down So We Have a Chance to Chat - NAIFA-NYS Advocating DFS to Suspend Reg 187 Effort Until All Interested Parties Can Roundtable Issues and Ideas   Albany, New York, [...]

By | June 19th, 2018|Categories: New York Issues, News Alerts|0 Comments

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

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 [...]

By | June 12th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

2017 Was Record Year for Data Breaches in NY

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 [...]

By | April 2nd, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

NYS Senate Passes NAIFA-NYS CE Credit Bill

The New York State Senate on March 27 overwhelmingly passed a NAIFA-NYS-initiated bill requiring the Superintendent of Financial Services to grant six continuing education credits for all active members of a statewide professional insurance producer association [...]

By | March 27th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|0 Comments

Court of Appeals Vacates – in Its Entirety – the DOL Fiduciary Duty Rule

In a decision that took many observers by surprise, the 5th Circuit Court of Appeals, based in Texas, vacated in full the Department of Labor's (DOL) controversial fiduciary duty rule on March 15, 2018.  The Court [...]

By | March 16th, 2018|Categories: News Alerts|0 Comments