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The law was enacted in 19th century and is contained in New York State Labor Law § 240/241. [1 ... New York State is the only state that imposes an absolute ...
In 1859, the New York State Legislature created the New York State Insurance Department, and assumed the functions of the Comptroller and Secretary of State relating to insurance. [1] The department began operations in 1860 and William F. Barnes was the first Superintendent of Insurance. [1]
Timothy's Law is the reference used for a New York state statute signed into law on December 22, 2006 by Governor George E. Pataki which took effect January 1, 2007. The law requires that health plans sold in the state provide comparable coverage for mental health ailments as they do for physical ailments. This is often referred to as mental ...
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
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The McKinney's annotated version of the Consolidated Laws of New York (chapter 7B, Civil Practice Law and Rules) The Consolidated Laws were printed by New York only once in 1909–1910. [3]
The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
The College of Insurance (TCI) was a specialized accredited college, started by insurance industry leaders in 1901 as an insurance library society, the Insurance Society of New York (ISNY). The Insurance Society of New York initially provided study space and material to young people entering the insurance industry, and served as a site for ...