Archive for 'Insurance Posts' Category
NY Senate Budget Analysis of DFR
The NY Senate Republicans have released their analysis of Governor Cuomo’s budget, including the proposal to merge the Insurance Department, the Banking Department and portions of the Consumer Protection Board. In the document they conclude that there are no savings to be achieved and a cost of $6-$9 million primarily in consolidation expenses. The document [...]
NY’s Proposed New Department of Financial Regulation
In the Executive Budget released today by Governor Cuomo, we get a look at the vision for the new Department of Financial Regulation. Read more…
The Document Storage Services
Document remains the most important thing in your office. Document is a kind of record or the evidence that are really essential for the progress of one company. In managing the document, one company should hold one department to take care about it. There will be many criteria of the one department to choose [...]
Regulatory Reform and Advertising
I was lucky enough to hear Benjamin Gentry, (a graduate student in the Communication, Culture and Technology program at Georgetown University) speak at last year’s ACLI Legal and Compliance Section Conference. We have continued a dialog about issues related to insurance advertisements and social media. We are both preparing to speak at separate engagements in [...]
NYSID Website Has New Page on Modernization Initiative
I have previously written about the Modernization Initiative. (See 12/3/2010 post.) Today the NYSID unveiled a new page on their newly designed website devoted to the Initiative. In addition to the final report of the committee looking at modernization, there is the previously announced first-ever webinar on doing “me too” property and casualty filings. Most [...]