Tag Archives: NYSDFS

First American Title Facing Civil Charges Filed By New York Regulators for a Massive Data Security Breach!

Absolute Cybersecurity Protection is an Imperative for Title Insurance Companies in New York!  In 2017 the New York State Department of Financial Services (NYSDFS) implemented 23 NYCRR 500 designed to make sure that firms in certain industries have cybersecurity protocols in place to securely protect the NPI, or non-public information, of their clients. To summarize the parameters, […]

New York State Title Insurance Industry: ‘I’m Mad As Hell And I’m Not Going To Take It Anymore’!

paint brush photo

Update January 16, 2018: ‘The New York State Senate unanimously passed a bill Tuesday that will allow title companies to resume buying clients coffee, taking them out for lunch or treating them to a round of golf. Sponsored by Sen. James Seward of Oneonta, the bill — which now heads to the Assembly and Gov. […]

January 12, 2018: New York State Title Insurance Industry Showdown With Regulators And Politicians In Albany!

Albany photo

Due to some of the more onerous provisions of New York State Department of Financial Services (NYSDFS) Regulation 208 that went into effect December 18, 2017, the various ‘constituencies‘ involved and affected will be meeting in Albany January 12, 2018!  ‘The Assembly Insurance Committee is holding a hearing about DFS regulation of the Title Insurance Industry […]