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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]
The Office of Temporary and Disability Assistance (OTDA) is a division of the New York state government responsible for overseeing programs that provide financial assistance, housing support, and other services to individuals and families in need.
The policy covers physical examinations, medical procedures, testing and monitoring, fertility treatment and abortions, according to the Hochul administration. The New York State Department of ...
The Human Resources Administration or Department of Social Services (HRA/DSS) is the department of the government of New York City [1] in charge of the majority of the city's social services programs. HRA helps New Yorkers in need through a variety of services that promote employment and personal responsibility while providing temporary ...
New York is a no-fault state, which means that in addition to liability insurance, drivers need to purchase personal injury protection (PIP). The state also requires uninsured motorist coverage.
Minimum insurance required in New York. New York state law requires all drivers to have a 25/50/10 policy. This means that each driver must have the following minimum coverage:
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...