Governance, Risk and Compliance – The New York Insurance Industry

Date: 2015-12
Pages:52
Price:

“• The New York insurance industry is regulated by the DFS.

• Composite insurance is not permitted in New York.

• 100% FDI is permitted in New York’s insurance industry.

• Non-admitted insurance is not permitted in New York’s insurance industry – however, there are a few exceptions.

• Key classes of compulsory insurance include motor third-party liability insurance and health insurance.”

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