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The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
In 2011, Governor Andrew M. Cuomo and the New York State Legislature consolidated the New York State Insurance Department and the New York State Banking Department and created the New York State Department of Financial Services. [1] [2] James J. Wrynn was the fortieth and last Superintendent of Insurance. [4]
At various times in the past, the New York state government has taken money from NYSIF's reserves to cover other budget shortfalls. Between 1982 and 1990, $1.3 billion was transferred to the state's general fund under Governor Mario Cuomo. In 1996 the practice was banned by state law.
You can file a PIP claim up to 30 days after an accident if injuries are involved, according to the New York State Department of Financial Services. This claim can be for injuries you sustained or ...
The Banking Board was established in 1932 by N.Y.S. Banking Law § 13 and 14, and was a quasi-legislative body. The Banking Board was created to advise and cooperate with the Banking Department in the formulation of banking standards and regulations and to exercise power to approve or disapprove the issuance of bank charters and licenses and the establishment of branch banks.
Here are the main types of temporary car insurance available from New York car insurance companies: Six-month car insurance policy: The most common type of temporary car insurance is a six-month ...
The New York State Executive Department of the New York state government serves as the administrative department of the Governor of New York. [1] This department has no central operating structure; it consists of a number of divisions, offices, boards, commissions, councils, and other independent agencies that provide policy advice and assistance to the governor and conduct activities ...
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