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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]
The New York State Insurance Department was the first insurance department or agency in the United States to establish a capital markets group to examine and measure the risks in insurer investment practices, and was the first state to recognize the importance of segregating multiple lines insurance from financial guaranty insurance as a means ...
The New York State Assembly Legislative session is a cycle that takes place from the first month of the year up until a budget has been published by both houses. According to the New York State Legislative Calendar, session convenes January 9th throughout June 19th. [12]
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After leaving DFS in 2021 and working at venture firm Nyca Partners, Homer started his own crypto-focused venture firm, the Department of XYZ, which just raised $5.1 million.
Private insurance companies have complained that NYSIF has advantages that allow it to outcompete private insurers rather than acting in its intended purpose as a carrier of last resort. These include not making payment to the Aggregate Trust Fund for permanent disability cases, having different reserve requirements , requiring 30-day advance ...
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The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government [1] responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State. The department also has a law enforcement division, the ...