Regulation/Legislation

Under the proposal, the states current 2,000 registered gun owners and all future buyers would have to take out a $250,000 policy covering damage from any gun use, even willful and illegal acts.

Under the proposal, the states current 2,000 registered gun owners and all future buyers would have to take out a $250,000 policy covering damage from any gun use, even willful and illegal acts.

Congress is again being asked to amend the Medicare Secondary Payment Act, just six months after enacting reform legislation dealing with the issue, which took five years to pass congressional muster.

RelayRides, a car-sharing service matching owners with third-party renters, agreed to stop conducting business in New York after Superintendent of Financial Services Benjamin M. Lawsky called its insurance coverage illegal and inadequate.

An effort to delay federal flood insurance rate hikes on grandfathered properties for five years was rejected by the Senate late Tuesday.

The New York Senate has passed a number of measures meant to corral auto insurance fraud in the Empire State.