New York Insurance Holding Company Law and Regulation Amendments 2013
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Key takeaways:
- New York has recently enacted and promulgated amendments to its insurance holding company laws and regulations and related laws.
- While all of these amendments affect New York domestic controlled insurers, many of these amendments affect New York commercially domiciled insurers and some of these amendments even affect New York foreign licensed insurers.
- This Client Update includes a table setting forth (i) the key laws and regulations before and after the amendments, (ii) whether they affect domestic, foreign or commercially domiciled insurers, and (iii) the applicable effective dates of the amendments.