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New York State Insurance Department

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180: 165:. James J. Wrynn was the fortieth and last Superintendent of Insurance. Following the creation of the New York Department of Financial Services Benjamin Lawsky (2011–2015) and Maria Vullo (2016--) were each appointed and confirmed as Superintendent of Financial Services thereby assuming the powers and duties formerly held by the Superintendent of Insurance. 120:, the Insurance Department promoted new rules clarifying insurer investment requirements, setting more equitable determination of cash surrender values and forfeitures, and recognizing up-to-date values and improvements in mortality tables. They also carried out liquidations, such as the 1934 liquidation of the 97:
By the 1870s, each state regulated insurance in some manner and most had an insurance department or agency. However, because different state requirements led to confusion in the insurance industry, New York State Superintendent George W. Miller, in 1871, invited the heads of insurance departments or
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The New York State Insurance Department was the first insurance department or agency in the United States to establish a capital markets group to examine and measure the risks in insurer investment practices, and was the first state to recognize the importance of segregating multiple lines insurance
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In 2001, New York was the first state to establish an Insurance Emergency Operations Center ("IEOC"), which was designed to accelerate disaster assessments and expedite claims payments to disaster victims. The IEOC helped New Yorkers recover from the
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was the first life insurer to be authorized by the newly formed New York State Insurance Department in 1860. Superintendent Barnes supervised the filings of 155 fire insurance companies and 16 life insurance companies during his first year in office.
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created the New York State Insurance Department, and assumed the functions of the Comptroller and Secretary of State relating to insurance. The department began operations in 1860 and William F. Barnes was the first Superintendent of Insurance. The
131:, the Insurance Department pioneered many consumer protections, including comprehensive mandated health insurance benefits, open enrollment, and prohibitions against insurers arbitrarily dropping an individual's health insurance coverage. 1392: 77:, who was authorized to require the companies to submit annual financial statements and to deny a company the right to operate if capital securities and investments did not remain secure. 1402: 249: 1264: 750: 920: 300: 937: 1194:
James J. Wrynn, Deputy Superintendent of Financial Services, Leadership, About Us, New York State Department of Financial Services, retrieved on March 5, 2012, at
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Continuing education for insurance professionals is regulated by each state's Department for Insurance, although there are commonalties across the states. See
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agencies from other states to meet in New York to strive for more uniform regulation. Eighteen states met that year for the first session of what is now the
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During the financial crisis of 2008, the Insurance Department helped stabilize financial guaranty insurers and worked with federal regulators to ensure that
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Mismanagement in the life insurance business, including exorbitant salaries and questionable investments, resulted in a 1905 investigation led by
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Until 1849, insurance companies doing business in New York State were chartered by special acts of the
46: 31:. It was regarded in the industry as one of the most state-of-the-art insurance regulatory agencies. 478: 563: 110: 106: 8: 1203: 1181: 230: 140: 90: 529: 424: 368: 1195: 1025: 495: 283: 117: 1060: 903: 512: 386: 351: 28: 1437: 989: 597: 405: 23:(NYSID) was the state agency responsible for supervising and regulating all 128: 42: 135:
from financial guaranty insurance as a means of preventing systemic risk.
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consolidated the New York State Insurance Department and the
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consolidated the New York State Insurance Department and the
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did not collapse when it experienced a liquidity crisis.
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Board on Electric Generation Siting and the Environment
1355: 1196:http://www.dfs.ny.gov/about/staff_bios/jwrynn.htm 1435: 163:New York State Department of Financial Services 100:National Association of Insurance Commissioners 55:New York State Department of Financial Services 1219: 122:Consolidated Indemnity and Insurance Company 1464:Government agencies disestablished in 2011 1459:2011 disestablishments in New York (state) 1444:Defunct state agencies of New York (state) 1226: 1212: 1157: 1155: 1153: 1151: 1149: 1147: 1145: 1143: 168: 153:In 2011, Governor Andrew M. Cuomo and the 1141: 1139: 1137: 1135: 1133: 1131: 1129: 1127: 1125: 1123: 1170:Part A of Chapter 62 of the Laws of 2011 1454:Government agencies established in 1860 1449:1860 establishments in New York (state) 16:Regulatory agency in New York State, US 1436: 1418:New York State Law Revision Commission 1413:New York State Financial Control Board 1166: 1164: 1120: 1265:Corrections and Community Supervision 1207: 1408:Legislative Bill Drafting Commission 174: 109:. The investigation, known as the " 41:Effective October 3, 2011, Governor 1161: 21:New York State Insurance Department 13: 14: 1480: 1403:Joint Commission on Public Ethics 159:New York State Banking Department 51:New York State Banking Department 1423:Public Authorities Control Board 178: 1469:Insurance in the United States 1398:Commission on Judicial Conduct 1188: 1173: 36:Insurance Continuing Education 1: 1113: 1295:Children and Family Services 7: 87:Home Life Insurance Company 71:New York Secretary of State 10: 1485: 1280:Environmental Conservation 1179:"Liquidation Is Ordered", 155:New York State Legislature 82:New York State Legislature 67:New York State Legislature 60: 47:New York State Legislature 1385: 1242: 1235:New York state government 221: 218: 215: 212: 1250:Agriculture and Markets 1185:, May 30, 1934, pg. 31. 564:Francis R. Stoddard Jr. 169:List of superintendents 111:Armstrong Investigation 1044:Louis W. Pietroluongo 649:George S. Van Schaick 1342:Taxation and Finance 1270:Economic Development 955:Salvatore R. Curiale 836:Lawrence W. Keepnews 479:William H. Hotchkiss 192:adding missing items 107:Charles Evans Hughes 1356:Defunct departments 819:Benjamin R. Schenck 700:Alfred J. Bohlinger 687:September 23, 1943 632:Henry A. Thellusson 143:terrorist attacks. 1302:Financial Services 1182:The New York Times 1033:December 31, 2006 979:December 29, 1996 976:February 14, 1995 962:December 31, 1994 809:December 31, 1970 802:Richard E. Stewart 792:December 31, 1966 636:February 17, 1931 622:February 16, 1931 588:December 31, 1928 554:November 30, 1921 500:February 21, 1912 486:February 18, 1912 483:February 18, 1909 469:February 17, 1909 410:February 11, 1897 394:February 10, 1897 391:February 12, 1891 376:February 11, 1891 359:December 31, 1885 335:Charles G. Fairman 322:February 21, 1877 308:February 20, 1877 288:November 29, 1872 274:November 28, 1872 231:William Barnes Sr. 190:; you can help by 141:September 11, 2001 91:Brooklyn, New York 1431: 1430: 1381: 1380: 1290:Family Assistance 1255:Audit and Control 1111: 1110: 1079:Kermitt J. Brooks 1065:January 29, 2007 1051:January 28, 2007 1015:January 17, 2005 942:January 27, 1990 928:January 26, 1990 921:James P. Corcoran 870:Thomas A. Harnett 789:January 28, 1964 775:January 27, 1964 755:January 27, 1959 741:January 26, 1959 721:February 3, 1955 707:January 31, 1955 673:January 31, 1943 568:December 1, 1921 551:November 1, 1921 547:Henry D. Appleton 537:October 31, 1921 530:Jesse S. Phillips 466:January 14, 1909 462:Henry D. Appleton 451:January 13, 1909 429:February 2, 1900 425:Francis Hendricks 413:February 1, 1900 369:Robert A. Maxwell 305:February 1, 1876 291:January 31, 1876 254:February 4, 1870 238:February 5, 1870 235:January 12, 1860 208: 207: 75:State Comptroller 1476: 1386:Non-departmental 1353: 1352: 1228: 1221: 1214: 1205: 1204: 1198: 1192: 1186: 1177: 1171: 1168: 1159: 1086:August 18, 2009 1048:January 1, 2007 1026:Howard Mills III 1008:Gregory V. Serio 908:January 5, 1978 894:January 4, 1978 823:January 1, 1971 806:January 1, 1967 785:Henry Root Stern 772:October 3, 1963 768:Samuel C. Cantor 758:October 2, 1963 734:Julius S. Wikler 683:Robert E. Dineen 602:January 1, 1929 496:William T. Emmet 373:January 1, 1886 284:Orlow W. Chapman 267:George B. Church 250:George W. Miller 210: 209: 203: 200: 182: 181: 175: 161:and created the 118:Great Depression 53:and created the 1484: 1483: 1479: 1478: 1477: 1475: 1474: 1473: 1434: 1433: 1432: 1427: 1377: 1351: 1238: 1232: 1202: 1201: 1193: 1189: 1178: 1174: 1169: 1162: 1121: 1116: 1061:Eric R. Dinallo 904:Albert B. Lewis 843:April 21, 1975 840:March 18, 1975 826:March 10, 1975 738:March 17, 1958 724:March 15, 1958 656:March 10, 1935 615:Thomas F. Behan 513:Frank Hasbrouck 387:James F. Pierce 356:April 23, 1883 342:April 22, 1883 339:April 27, 1880 325:April 26, 1880 213:Superintendent 204: 198: 195: 179: 171: 63: 17: 12: 11: 5: 1482: 1472: 1471: 1466: 1461: 1456: 1451: 1446: 1429: 1428: 1426: 1425: 1420: 1415: 1410: 1405: 1400: 1395: 1389: 1387: 1383: 1382: 1379: 1378: 1376: 1375: 1370: 1365: 1359: 1357: 1350: 1349: 1347:Transportation 1344: 1339: 1334: 1332:Public Service 1329: 1327:Motor Vehicles 1324: 1322:Mental Hygiene 1319: 1314: 1309: 1304: 1299: 1298: 1297: 1287: 1282: 1277: 1272: 1267: 1262: 1257: 1252: 1246: 1244: 1240: 1239: 1231: 1230: 1223: 1216: 1208: 1200: 1199: 1187: 1172: 1160: 1118: 1117: 1115: 1112: 1109: 1108: 1105: 1102: 1099: 1097:James J. Wrynn 1093: 1092: 1090: 1087: 1084: 1081: 1075: 1074: 1072: 1069: 1066: 1063: 1057: 1056: 1054: 1052: 1049: 1046: 1040: 1039: 1037: 1034: 1031: 1028: 1022: 1021: 1019: 1016: 1013: 1010: 1004: 1003: 1001: 998: 997:April 5, 2001 995: 994:April 1, 1997 992: 986: 985: 983: 980: 977: 974: 972:Edward J. Muhl 968: 967: 965: 963: 960: 957: 951: 950: 948: 946: 943: 940: 934: 933: 931: 929: 926: 925:March 9, 1983 923: 917: 916: 914: 912: 911:March 7, 1983 909: 906: 900: 899: 897: 895: 892: 891:July 21, 1977 889: 887:John F. Lennon 883: 882: 880: 878: 877:July 20, 1977 875: 874:June 24, 1975 872: 866: 865: 863: 861: 860:June 23, 1975 858: 855: 849: 848: 846: 844: 841: 838: 832: 831: 829: 827: 824: 821: 815: 814: 812: 810: 807: 804: 798: 797: 795: 793: 790: 787: 781: 780: 778: 776: 773: 770: 764: 763: 761: 759: 756: 753: 751:Thomas Thacher 747: 746: 744: 742: 739: 736: 730: 729: 727: 725: 722: 719: 713: 712: 710: 708: 705: 702: 696: 695: 693: 691: 690:June 30, 1950 688: 685: 679: 678: 676: 674: 671: 668: 662: 661: 659: 657: 654: 653:March 5, 1931 651: 645: 644: 642: 640: 639:March 4, 1931 637: 634: 628: 627: 625: 623: 620: 617: 611: 610: 608: 606: 605:July 30, 1930 603: 600: 594: 593: 591: 589: 586: 583: 577: 576: 574: 572: 571:June 30, 1924 569: 566: 560: 559: 557: 555: 552: 549: 543: 542: 540: 538: 535: 532: 526: 525: 523: 521: 520:June 30, 1915 518: 517:April 2, 1914 515: 509: 508: 506: 504: 503:April 1, 1914 501: 498: 492: 491: 489: 487: 484: 481: 475: 474: 472: 470: 467: 464: 458: 457: 455: 452: 449: 446: 440: 439: 436: 433: 430: 427: 421: 420: 417: 414: 411: 408: 402: 401: 398: 395: 392: 389: 383: 382: 380: 377: 374: 371: 365: 364: 362: 360: 357: 354: 352:John A. McCall 348: 347: 345: 343: 340: 337: 331: 330: 328: 326: 323: 320: 314: 313: 311: 309: 306: 303: 297: 296: 294: 292: 289: 286: 280: 279: 277: 275: 272: 269: 263: 262: 260: 258: 255: 252: 246: 245: 242: 239: 236: 233: 227: 226: 223: 220: 217: 214: 206: 205: 199:September 2012 185: 183: 170: 167: 62: 59: 29:New York State 15: 9: 6: 4: 3: 2: 1481: 1470: 1467: 1465: 1462: 1460: 1457: 1455: 1452: 1450: 1447: 1445: 1442: 1441: 1439: 1424: 1421: 1419: 1416: 1414: 1411: 1409: 1406: 1404: 1401: 1399: 1396: 1394: 1391: 1390: 1388: 1384: 1374: 1371: 1369: 1366: 1364: 1361: 1360: 1358: 1354: 1348: 1345: 1343: 1340: 1338: 1335: 1333: 1330: 1328: 1325: 1323: 1320: 1318: 1315: 1313: 1310: 1308: 1305: 1303: 1300: 1296: 1293: 1292: 1291: 1288: 1286: 1283: 1281: 1278: 1276: 1273: 1271: 1268: 1266: 1263: 1261: 1260:Civil Service 1258: 1256: 1253: 1251: 1248: 1247: 1245: 1241: 1236: 1229: 1224: 1222: 1217: 1215: 1210: 1209: 1206: 1197: 1191: 1184: 1183: 1176: 1167: 1165: 1158: 1156: 1154: 1152: 1150: 1148: 1146: 1144: 1142: 1140: 1138: 1136: 1134: 1132: 1130: 1128: 1126: 1124: 1119: 1106: 1103: 1100: 1098: 1095: 1094: 1091: 1088: 1085: 1083:July 4, 2009 1082: 1080: 1077: 1076: 1073: 1070: 1068:July 3, 2009 1067: 1064: 1062: 1059: 1058: 1055: 1053: 1050: 1047: 1045: 1042: 1041: 1038: 1035: 1032: 1030:May 18, 2005 1029: 1027: 1024: 1023: 1020: 1017: 1014: 1011: 1009: 1006: 1005: 1002: 999: 996: 993: 991: 990:Neil D. Levin 988: 987: 984: 981: 978: 975: 973: 970: 969: 966: 964: 961: 959:July 1, 1990 958: 956: 953: 952: 949: 947: 945:July 1, 1990 944: 941: 939: 936: 935: 932: 930: 927: 924: 922: 919: 918: 915: 913: 910: 907: 905: 902: 901: 898: 896: 893: 890: 888: 885: 884: 881: 879: 876: 873: 871: 868: 867: 864: 862: 859: 856: 854: 853:John P. Gemma 851: 850: 847: 845: 842: 839: 837: 834: 833: 830: 828: 825: 822: 820: 817: 816: 813: 811: 808: 805: 803: 800: 799: 796: 794: 791: 788: 786: 783: 782: 779: 777: 774: 771: 769: 766: 765: 762: 760: 757: 754: 752: 749: 748: 745: 743: 740: 737: 735: 732: 731: 728: 726: 723: 720: 718: 715: 714: 711: 709: 706: 704:July 1, 1950 703: 701: 698: 697: 694: 692: 689: 686: 684: 681: 680: 677: 675: 672: 670:May 10, 1935 669: 667: 666:Louis H. Pink 664: 663: 660: 658: 655: 652: 650: 647: 646: 643: 641: 638: 635: 633: 630: 629: 626: 624: 621: 619:July 1, 1930 618: 616: 613: 612: 609: 607: 604: 601: 599: 598:Albert Conway 596: 595: 592: 590: 587: 585:July 1, 1924 584: 582: 581:James A. Beha 579: 578: 575: 573: 570: 567: 565: 562: 561: 558: 556: 553: 550: 548: 545: 544: 541: 539: 536: 534:July 1, 1915 533: 531: 528: 527: 524: 522: 519: 516: 514: 511: 510: 507: 505: 502: 499: 497: 494: 493: 490: 488: 485: 482: 480: 477: 476: 473: 471: 468: 465: 463: 460: 459: 456: 453: 450: 448:May 17, 1906 447: 445: 442: 441: 437: 434: 432:May 16, 1906 431: 428: 426: 423: 422: 418: 415: 412: 409: 407: 406:Louis F. Payn 404: 403: 399: 396: 393: 390: 388: 385: 384: 381: 378: 375: 372: 370: 367: 366: 363: 361: 358: 355: 353: 350: 349: 346: 344: 341: 338: 336: 333: 332: 329: 327: 324: 321: 319: 318:John F. Smyth 316: 315: 312: 310: 307: 304: 302: 301:William Smyth 299: 298: 295: 293: 290: 287: 285: 282: 281: 278: 276: 273: 271:May 13, 1872 270: 268: 265: 264: 261: 259: 257:May 12, 1872 256: 253: 251: 248: 247: 243: 240: 237: 234: 232: 229: 228: 224: 211: 202: 193: 189: 186:This list is 184: 177: 176: 173: 166: 164: 160: 156: 151: 149: 144: 142: 136: 132: 130: 125: 123: 119: 114: 112: 108: 103: 101: 95: 92: 88: 83: 80:In 1859, the 78: 76: 72: 68: 58: 56: 52: 48: 44: 39: 37: 32: 30: 26: 22: 1373:Public Works 1367: 1190: 1180: 1175: 1012:May 9, 2001 938:Wendy Cooper 857:May 8, 1975 717:Leffert Holz 219:Left office 216:Took office 196: 172: 152: 145: 137: 133: 129:World War II 126: 115: 104: 96: 79: 64: 43:Andrew Cuomo 40: 33: 27:business in 20: 18: 1243:Departments 1237:departments 1036:Republican 1018:Republican 1000:Republican 982:Republican 454:Republican 444:Otto Kelsey 435:Republican 416:Republican 241:Republican 116:During the 1438:Categories 1114:References 438:two terms 400:two terms 244:two terms 188:incomplete 102:("NAIC"). 1368:Insurance 1285:Executive 1275:Education 1107:Democrat 1089:Democrat 1071:Democrat 419:one term 397:Democrat 379:Democrat 89:based in 25:insurance 45:and the 1363:Banking 61:History 1307:Health 225:Notes 222:Party 127:After 1337:State 1312:Labor 1104:2011 1101:2009 19:The 1317:Law 194:. 148:AIG 1440:: 1163:^ 1122:^ 124:. 57:. 38:. 1227:e 1220:t 1213:v 201:) 197:(

Index

insurance
New York State
Insurance Continuing Education
Andrew Cuomo
New York State Legislature
New York State Banking Department
New York State Department of Financial Services
New York State Legislature
New York Secretary of State
State Comptroller
New York State Legislature
Home Life Insurance Company
Brooklyn, New York
National Association of Insurance Commissioners
Charles Evans Hughes
Armstrong Investigation
Great Depression
Consolidated Indemnity and Insurance Company
World War II
September 11, 2001
AIG
New York State Legislature
New York State Banking Department
New York State Department of Financial Services
incomplete
adding missing items
William Barnes Sr.
George W. Miller
George B. Church
Orlow W. Chapman

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