New York Insurance coverage Regulator Units Sights on Personal Fairness Investments | good win

The Goodwin Insurtech staff not too long ago revealed a Article highlighting the development of insurance coverage regulators specializing in privately owned insurers and the important thing regulatory concerns relevant to such investments. As famous, given the stringent disclosure necessities to regulate buyers within the insurance coverage area, any potential enlargement of those necessities might flip some buyers away from funding alternatives. Nevertheless, the New York State Division of Monetary Companies (“NYSDFS”) has now issued steerage that brings renewed strain to the business and will considerably alter the way forward for insurance coverage transactions in New York.

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