Benjamin Lawsky

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  New York eyes probe of captives

  By Arthur D. Postal  |  June 12, 2013

  The probe found that New York insurers were making inconsistent, spotty and incomplete disclosures and diverting reserves.

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  NYLB distributing assets of failed insurers

  By Elizabeth D. Festa  |  May 30, 2013

  The New York Liquidation Bureau distributed a record $345.6 million in estate assets in 2012.

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  A risk worth taking?

  By Carsten Quitter  |  May 29, 2013

  Private equity involvement in annuities requires a broader risk discussion.

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  MetLife removes alien status from captive

  By Arthur D. Postal, Elizabeth D. Festa  |  May 21, 2013

  MetLife is merging three U.S. life insurers and a captive reinsurer “to create a larger, well capitalized U.S. life company.”

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  ELNY liquidation expected in 3Q

  By Elizabeth Festa  |  May 14, 2013

  In the fight on breach of fiduciary duty, Edward Stone plans to sue MetLife, Credit Suisse and N.Y. insurance superintendents.

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  NY finds $665 million in unclaimed life insurance

  By Michael Gormley  |  January 29, 2013

  Shares of the money will go to 89,000 unsuspecting beneficiaries nationwide.

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  New York fines HealthNow $700,000

  By Liz Festa  |  January 17, 2013

  The company also had agent management issues in addition to lapses in explanation of coverage.

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  Excellus Bluecross Blueshield rebates $3.1 million to New Yorkers

  By Elizabeth D. Festa  |  November 28, 2012

  New Yorkers who pay their premiums and deductibles deserve to have their insurance company properly pay their claims, says New York's attorney general.

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  New York issues heavy-duty warning against PBR

  By Elizabeth D. Festa  |  November 27, 2012

  On the eve of the NAIC manual adoption, New York Department of Financial Services Superintendent Benjamin Lawsky launched a warning to his insurance commissioners about principles-based reserving.

• Point of no return

  By Bill Coffin  |  November 6, 2012

  This month, we are presenting a very special editorial project, an investigation into the rehabilitation, restructuring and liquidation of the Executive Life Insurance Company of New York, or ELNY.