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Insurance Filings Modernization Initiative

The New York State Department of Financial Services has begun implementing recommendations from a modernization effort that will cut unnecessary red tape and simplify approval processes. The result will allow the Department to focus its resources where they are most needed to best protect consumers, while addressing the needs of the insurance market more efficiently.

A joint Department-industry working group developed a list of recommendations as a part of the Insurance Filings Modernization Initiative launched early in 2010. The recommendations are included in the report below:

Insurance Filings Modernization Initiative Report (PDF format)

Insurance Filings Modernization Initiative Interim Report (PDF format - April 21, 2011)

Modernization Initiative Implementation Updates

Press Releases

Release Date Subject
06/21/2011

Insurance Department Licensees May Now Obtain Copies Of New And Renewed Licenses Accessing Website

05/05/2011

Online Self-Service Feature Allows Insurance Department Licensees To Print Duplicate Copies Of Licenses

02/28/2011

Insurance Producer Search Capability Added To Website

01/18/2011

Insurance Department To Present Its First Webinar Focusing On “Me Too” Property/Casualty Insurer Filings

01/13/2011

Insurance Department Unveils Improved Website Design

12/02/2010

Insurance Department Cuts Red Tape To Make Market More Business Friendly And Improve Consumer Protection