NYDFS

NYDFS supervises and regulates the activities of insurance companies, banks, and other financial institutions in New York State.

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DFS met with #AMLA to strengthen international cooperation in the fight against financial crime.

The discussion focused on evolving risks, data-driven practices, and supervisory priorities — strengthening oversight and safeguarding market integrity.

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NEW: @GovKathyHochul and DFS are taking the next steps to reinforce New York's RAISE Act, requiring all frontier AI developers to register through DIGIT's new portal.

DFS is proud to establish frameworks to advance safe, responsible AI regulation.

More: https://t.co/WTGuoyhFM4

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This #LongTermCareAwarenessMonth, DFS is highlighting resources to help New Yorkers understand long-term care, explore insurance coverage options, and know their rights.

Explore: https://t.co/KAT2MivdDi

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At #NYIA's Annual Meeting, DFS joined regulators and industry leaders for a discussion on the evolving property and casualty landscape.

From insurance to cyber and more, DFS shared insights on strengthening oversight, protecting consumers, and reinforcing resilient markets.

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NEW: Today DFS proposed regulations to strengthen New York’s surprise medical billing resolution process.

The proposed regulation is subject to a 60-day comment period upon today’s publication in the State Register.

Review and comment: https://t.co/KyrO73aNwv

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ICYMI: Following joint investigations with the @NYSPolice, DFS uncovered nearly $500,000 in attempted auto insurance fraud, resulting in charges against 16 individuals — underscoring our commitment to protecting drivers and lowering insurance costs.

More: https://t.co/RPTskNYsi4

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Read more: https://t.co/zKjlftRMPU

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NEW: Today DFS issued updated guidance to New York banking institutions on the Exempt Income Protection Act (EIPA). The adjustments align with the State's 2027 inflation-indexed minimum wage — protecting consumers, safeguarding exempt income, and providing regulatory clarity.

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Stay tuned for November!

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October marked a milestone month for DFS — celebrating 15 years of public service while continuing to strengthen oversight, protect consumers, and recognize the people who drive our mission forward.

Here are some highlights you may have missed:

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Recognized excellence across the DFS workforce, celebrating the 2026 Superintendent’s Awards and our first Years of Service Celebration — honoring the teamwork and dedication to public service behind the Department’s work on behalf of New Yorkers.

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DFS is hiring attorneys in divisions Department-wide, including in Insurance, Consumer Protection and Financial Enforcement, Human Resources, and the Office of General Counsel.

Learn more and share these opportunities with your network: https://t.co/5vudr7PUP9 #NowHiring

[NYDFS @NYDFS]

Acting Superintendent Asrow joined @CBS6Albany to discuss how DFS is implementing New York’s nation-leading RAISE Act through our new DIGIT Office — advancing efforts to strengthen AI safety, transparency, and responsible innovation.

Learn more: https://t.co/Tdwksq0sOz