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New York regulator encourages state banks to work with medical marijuana...

While federal law has made banking difficult for the medical marijuana industry, Cuomo's administration said it "stands ready to work with our chartered institutions to assist them in moving forward toward commencing operations in a safe and sound manner."

New York shoots down NRA insurance program

New York DFS shoots down NRA gun insurance underwritten by Chubb and administered by Lockton insurance companies, in consent orders.

Hudson United gets mortgage banker licenses

Hudson says the license allows it to control more of the mortgage process and attract more investors with niche products.

CareConnect to stop sales and renewals of insurance policies in 2018

The announcement is part of a plan between the insurer and the state Department of Financial Services to wind down CareConnect's operations.

State approves rate hikes for NY insurers

Premiums for individual insurance plans sold on the state public health exchanges will increase by an average of 14.6 percent.