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Press Releases

Release Date
2018-03-29 DFS Authorizes Expansion of New York State-Chartered Bank
2018-03-22 DFS Announces New Agreement with Fourth Major Insurer to Protect New York Drivers from Unfairly Discriminatory Auto Insurance Rates
2018-03-15 DFS Fines QBE Insurance $750,000 for Issuing Impermissible Insurance Covering Students Enrolled in Institutions of Higher Education
2018-03-13 DFS Announces New Agreement with GEICO to Protect New York Drivers from Unfairly Discriminatory Auto Insurance Rates
2018-03-08 Department of Financial Services and The Bank of Israel Sign Memorandum of Understanding
2018-03-01 Governor Cuomo Announces Actions to Improve Access to IVF and Fertility Preservation Services
2018-02-20 Governor Cuomo Takes Action to Help Local Governments Improve Health Insurance Options and Address Rising Health Costs
2018-02-13 DFS Grants Charter to Equiniti Trust Company
2018-02-07 DFS Takes Action to Deter Fraud and Manipulation in Virtual Currency Markets
2018-02-05 Governor Cuomo Announces 30-Day Budget Amendment to Help Combat the Fentanyl Crisis in New York State
2018-01-29 DFS Issues Order Regarding Interest on Escrow Account to Make State-Chartered Financial Institutions Competitive with Their Federal Counterparts
2018-01-26 New York State Reminds New Yorkers to Protect Themselves from Cyber Crime in Recognition of Data Privacy Day
2018-01-25 Governor Cuomo Signs Executive Order to Combat Widespread Flu Epidemic in New York
2018-01-25 Governor Cuomo Announces Efforts to Combat Maternal Depression and Prevent Maternal Mortality
2018-01-24 Governor Cuomo Announces New York Power Recovery Contingent Has Restored Nearly 240,000 Customers in the San Juan Metro Area of Puerto Rico
2018-01-23 DFS Approves Reinsurance Partnership with Security Mutual Life and Grants New License to Renaissance Life & Health Insurance Company of New York
2018-01-22 DFS Superintendent Vullo Issues Cybersecurity Filing Deadline Reminder
2018-01-04 DFS Fines Western Union $60 Million for Violations of New York’s Anti-Money Laundering Laws and for Ignoring Suspicious Transactions to Locations in China
2017-12-18 Governor Cuomo Unveils 6th Proposal of the 2018 State of the State: Continue to Reduce the Local Property Tax Burden by Making the State's County Shared Services Panels Permanent
2017-12-14 DFS Fines PHH Mortgage $119,000 for Violation of Vacant and Abandoned Property Law and Reminds Banks and Mortgage Servicers of Their Obligations to Maintain “Zombie” Properties
2017-12-13 DFS Announces Final Regulation and Agreements with Two Major Insurers to Protect New York Drivers from Unfairly Discriminatory Auto Insurance Rates
2017-12-12 DFS Superintendent Vullo Announces Formation of New State Insurance Advisory Board
2017-12-01 On World AIDS Day, Governor Cuomo Announces New HIV Diagnoses Fall to Record Low and New Actions to Prevent Discrimination and Ensure Insurance Coverage of HIV-Prevention Medication Prep
2017-12-01 Governor Cuomo Directs State Resources to Assist the City of Cohoes After Massive Fire
2017-11-29 DFS Continues Innovative Regulatory Actions to Support New York State-Chartered Financial Institutions
2017-11-28 DFS Fines Underwriters at Lloyd’s of London, Clements & Company and United Nations Federal Credit Union $1.47 Million for Underwriting and Selling Unlicensed Life Insurance to U.N. Employees
2017-11-28 DFS Grants Virtual Currency License to Bitflyer USA, Inc.
2017-11-27 Governor Cuomo Announces New Consumer Protections for Life Insurance Sales
2017-11-20 DFS Authorizes Expansion Of New York State-Chartered Bank System
2017-11-14 DFS Superintendent Vullo Announces $2 Million Fine Against Cigna for Violations of New York Insurance Law
2017-11-13 DFS Fines Credit Suisse AG $135 Million for Unlawful, Unsafe and Unsound Conduct in its Foreign Exchange Trading Business
2017-10-30 DFS Superintendent Vullo Announces Next Phase of Expanded Participation in State-Based NMLS Platform, Enhancing State Regulation of the Financial Services Industry
2017-10-19 DFS Takes Action to Expand Financial Services for Low-Income New Yorkers
2017-10-17 DFS Announces Final Regulations to Combat Unscrupulous Practices in the Title Insurance Industry
2017-10-12 Governor Cuomo Details State Actions to Combat the Fentanyl Crisis on Staten Island
2017-10-10 DFS Announces New Regulation to Strengthen New York No-Fault Insurance Law
2017-10-04 Governor Cuomo Announces Additional New York State Actions to Support Puerto Rico and U.S. Virgin Islands Following Recent Hurricanes
2017-09-28 Governor Cuomo Announces Aggressive New Actions to Combat the Fentanyl Crisis
2017-09-26 Financial Services Superintendent Maria T. Vullo Announces the Approval of a New Banking Development District in Oneida County to Preserve Access to Services for Businesses and Residents in a Tourism-Based Economy
2017-09-25 DFS Announces Settlement With Payday Debt Collector and Payday Loan Servicer Resulting in Nearly $12 Million of Loan Forgiveness for Thousands of New York Consumers