New York
Get the latest news and insights on New York's financial regulations, enforcement actions and litigation.
10 States With the Highest Super Earner Cutoffs
By Allison BellTo rank in the top 5%, households in these states had to make a minimum of $465,000.
August 16, 2022
Equitable Holdings Picks Global Atlantic to Reinsure $10B in Group Annuity ValueThe deal is a response to New York state's new variable annuity reserving requirements.
August 01, 2022
New York Asks Life Insurers for Disaster Plan UpdatesAgents and advisors can use the department's disaster prep questionnaires, too.
July 12, 2022
Barred Broker Sentenced to Prison for $12M Ponzi SchemeMatthew Eckstein will get up to 10.5 years in prison for his role in bilking more than 50 investors, the prosecutor said.
June 22, 2022
New York State Life Beneficiaries File COVID-19 Grace Period SuitThe beneficiaries say insurers had a duty to provide clear information about a grace period extension.
June 17, 2022
New Principal Financial General Counsel Was a Prosecutor: Executive ChangesUSAA, MetLife and PartnerRe also have personnel news.
June 13, 2022
Wells Fargo in Criminal Probe Over Fake Job Interviews: ReportThe U.S. attorney's office in Manhattan is investigating, according to The New York Times.
May 23, 2022
New York State Dings Nationwide Over Immediate Annuity SalesEmpire State regulators say shifting assets from a deferred contract to an immediate contract is still an exchange.