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N.Y. plans June 23 hearing on 7.7% workers’ comp. rate hike request
The New York State Insurance Department has scheduled a public hearing for Wednesday, June 23, to discuss a proposed 7.7% increase in the state’s workers’ compensation loss cost. If approved, the...
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N.Y. brokerage owner pleads guilty in $7 million premium scheme
The owner of a pair of Suffolk County, N.Y., insurance brokerages has pleaded guilty to mail fraud in what prosecutors say was a $7 million scheme to use client premiums for personal use rather than...
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N.Y. man allegedly failed to collect workers’ comp. premium
A Queens, N.Y., contractor was charged with grand larceny and workers’ compensation fraud after allegedly defrauding the New York State Insurance Fund of more than $150,000 in uncollected premium....
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Cuomo’s chief of staff confirmed as leader of merged regulatory office
The New York State Senate unanimously confirmed Benjamin M. Lawsky, Gov. Andrew Cuomo’s chief of staff, as superintendent of the Department of Financial Services (DFS). Andrew Cuomo Cuomo proposed...
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