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Financial Services Law Insights and Observations

NYDFS suspends license expiration for individual insurance producers for an additional 45 days

State Issues Covid-19 NYDFS Licensing Insurance Broker-Dealer

State Issues

On May 21, the New York State Department of Financial Services issued a supplement to Insurance Circular Letter No. 9, previously covered here, suspending the expiration of licenses for all individual insurance producers - brokers, agents, intermediaries, and other persons required to be licensed in order to sell, solicit, or negotiate insurance in New York – through July 8, 2020.

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