New York State Department

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  NY doubles down on captives, private equity firm scrutiny

  By Elizabeth D. Festa  |  May 1, 2013

  New York insurance regulators have the captives industry and private equity firms that own annuity companies under a microscope for their effect on financial solvency and stability and they fear policyholders may be left holding the bag.

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  NY doubles down on captives, private equity firm scrutiny

  By Elizabeth D. Festa  |  April 18, 2013

  Lawsky is concerned the use of captives by insurers places the stability of the broader financial system at greater risk.

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  Obesity in young kids drops in New York, rises in L.A.

  By Mike Stobbe  |  January 18, 2013

  Today, about 12 percent of U.S. preschool-age children are obese.

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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.

• Standard Chartered accused of hiding $250B for Iran (Forbes)

  By Staff Writer  |  August 7, 2012

  The bank allegedly conducted roughly 60,000 secret transactions for almost 10 years.

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  Proposed Athene-Presidential Deal Under Review

  By Maria Wood  |  July 16, 2012

  Three law firms are investigating whether the purchase price undervalues Presidential.

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  Athene Agrees to Acquire Presidential Life for $415 Million

  By Maria Wood  |  July 13, 2012

  Athene’s CEO says the deal will increase Athene’s retail sales and reinsurance operations.

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  New York Move Makes Some LTCI More Portable

  By Allison Bell  |  June 6, 2012

  New York will now treat many states' LTC partnership policies as if they were homegrown partnership policies, and vice versa.

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  Obama Administration Developing Alzheimer's Plan

  By LAURAN NEERGAARD, AP Medical Writer  |  January 18, 2012

  Proposal drafters say they hope researchers can come up with an effective treatment by 2025.