State regulators have told Congress the Treasury's assessment of how American International Group holding company problems could have impacted AIG's ability to pay insurance claims is wrong.
New York Gov. David A. Paterson said he will push to revive the defunct New York Insurance Exchange to help "maintain New York's status as the financial capital of the world."
New York Gov. David A. Paterson's call for reviving the New York Insurance Exchange has met with generally positive reviews with some agent associations saying they would welcome participating in the process.
The debate over whether the major brokerages should be allowed to earn contingency fees for delivering a certain volume or quality of business to carriers raged anew this year after Illinois eased restrictions over the practice.
Contingent commissions could represent a conflict for insurance brokers but it can be managed, former New York Insurance Superintendent Eric Dinallo said.
The New York Insurance Department has finally been accredited by the National Association of Insurance Commissioners after operating for nearly two decades without NAIC's official seal of approval.
The New York State Insurance Department has finally been accredited by the National Association of Insurance Commissioners' after operating for decades without the NAIC imprimatur.
New York's former insurance superintendent, Eric Dinallo--now an NYU professor, and potential candidate for state attorney general--published an op-ed in yesterday's New York Daily News ...
Former N.Y. superintendent Eric Dinallo, in a Daily News op-ed, explains why individuals must be required to buy health insurance, but is a public option also required? NU Editor In Chief Sam Friedman weighs in on his blog at www.NUSamSoapBox.com.