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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.

For Maria Vullo, being both pro-business and pro-consumer is part of the job as the state's superintendent of banks and insurance companies.

New Yorks financial regulator promoted Scott Fischer to be the states top insurance watchdog, a position that involves overseeing about 1,700 companies with more than $4 trillion of assets.

As pressure to strengthen defenses against security breaches increases, organizations are in a race against the clock to shore up their resistances. Given…

Insurers doing business in N.Y. must tell a regulator there about efforts to prevent computer hacking, detailing the precautions taken and the personnel devoted to the task.

American International Group Inc. agreed to pay a $35 million penalty to resolve a New York State probe into unlicensed insurance sales by former units.

New Yorks banking regulator asked Ocwen Financial Corp. for information about an insurance agreement that it says may be designed to funnel fees to an Ocwen affiliate for minimal work.

New Yorks banking regulator asked Ocwen Financial Corp. for information about an insurance agreement that it says may be designed to funnel fees to an Ocwen affiliate for minimal work.