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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 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]
On August 20, 1997, Governor Pataki signed the Welfare Reform Act of 1997 that, in relevant part, renamed it as the Department of Family Assistance, and also divided the department into Office of Temporary and Disability Assistance (OTDA) and the State Office of Children and Family Services (OCFS).
When a life insurance claim is denied, beneficiaries usually start by contacting the insurance agent — although contacting the insurer directly is an option. The denial letter should explain the ...
NYSIF is financially self-supporting and competes with private insurance carriers. It is required by law to provide the lowest possible premiums to maintain its solvency. [1] As of 2015, NYSIF was the largest workers' compensation insurance carrier in New York, with 46% of the market, and that year it earned $2.48 billion in premiums, placing ...
The average cost of car insurance in New York is $3,833 per year for full coverage and $1,654 for minimum coverage. Auto insurers in New York cannot sell you less than the minimum amount of ...
New York State Department of Transportation; New York State Division of Housing and Community Renewal; New York State Financial Control Board; New York State Homes and Community Renewal; New York State Insurance Fund; New York State Office for People With Developmental Disabilities; New York State Office for the Prevention of Domestic Violence
The New York State Department of Labor (DOL or NYSDOL) is the department of the New York state government that enforces labor law and administers unemployment benefits. [1] [2] The mission of the New York State Department of Labor is to protect workers, assist the unemployed and connect job seekers to jobs, according to its website. [1]