A new emergency regulation was adopted on August 13th by DFS Acting Superintendent Albanese.
Here’s a link:
http://dfs.ny.gov/insurance/r_emergy/reconsol9t.pdf
Simply put, the original emergency regulations (including the new Regulation 206) remain in effect.
It is our understanding that the DFS has a new proposal awaiting approval by the Governor’s Office but the emergency regulations will stay in place until that occurs.
Posted Tuesday, September 1, 2015