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Final regs posted by DFS

Posted By Robert Treuber, Friday, October 13, 2017

The Department of Financial Services has posted the final regulations on their web site at:

http://www.dfs.ny.gov/insurance/r_finala/rfinal17.htm

 

These regulations are also in the Government Regulations File Library on this site.

 

Regulation 206 takes effect on October 18; regulation 208 takes effect on December 18.

 

The NYSLTA Government Regulations Committee is studying the regulations and will present a preliminary report next week.  Simultaneously, the corporate counsel at the Underwriters are preparing their assessment and guidance for their agents.

 

This Association is also exploring Town Hall type meetings in a few weeks time to assist with the understanding and adaptation to the new regulatory environment.

 

 

Tags:  DFS  EC  Reg 206  Reg 208  Regulations 

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