Department of Financial Services

Calling it an "industrywide conspiracy," Gov. Andrew Cuomo announced a lawsuit for the overprescription of opioids that he said has defrauded New Yorkers out of billions of dollars.


National Public Radio

Gov. Andrew Cuomo is making the rounds of national news programs now that he has become the target of a lawsuit by the National Rifle Association.


New York tightens up mental health coverage

Jul 31, 2016
WBFO News File Photo

Governor Andrew Cuomo says there will be zero tolerance for insurance companies who try to shirk their obligations.

New York State Department of Financial Services

The New York State Senate Wednesday confirmed Gov. Andrew Cuomo’s nominee to regulate the state's more than 1,500 insurance companies and nearly 1,600 banking and other financial institutions. Maria Vullo has served as Acting Superintendent of the Department of Financial Services since February, when she was nominated by Cuomo to lead the agency he created in 2011 in response to the banking crisis.

M&T merger passes another regulatory hurdle

Oct 12, 2015

The next expansion of Buffalo's M&T Bank has taken another step toward reality. New York state regulators have approved M&T's application to acquire Hudson City Bancorp Inc. 

WBFO File Photo / WBFO News

Western New Yorkers whose homes and property were damaged by the November storm can get assistance with insurance claims today.

carinsurance.org

A local member of the state delegation is calling for an investigation into the practices of big auto insurers. A recent study shows some companies hike their rates as much as $400 a year for drivers without  a college degree.