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Trump's former personal attorney testified before Congress about providing inflated assets to an insurance company.
A judge says Spitzer must pay $133,000 to cover the cost of reproducing 47 million pages of documents.
Lacewell will replace outgoing Superintendent Maria Vullo, who announced in December that she would be leaving the agency at the end of January.
The move means there will be a third person to head the agency since its creation in 2011. It's not clear what the impact will be on the insurance industry.
The settlement is the result of a multistate investigation that found Uber paid hackers $100,000 to conceal the breach.