The National Association of Insurance Commissioners (NAIC) held its 2022 Spring National Meeting from March 4 to 8 in Kansas City, Missouri. Although the meeting was held in a hybrid.
NY Department of Financial Services NYDFS issued Circular Letter No. 5, reminding owners of insurance companies acquiring less than 10% of company’s voting securities not safe harbor from regulatory prior approval. Board appointment, transactions result in NYDFS Oversight.
On April 19, 2022, the New York Department of Financial Services (NYDFS) issued Circular Letter No. 5, reminding owners and potential purchasers of shares of insurance companies that.
As innovative technologies continue to transform the insurance industry, private equity firms and venture capital funds continue to invest in promising insurtech startups and other.