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Circular Letters Issued During 1968

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Number Date Issued Status Addressed To Subject HTML PDF
(for printing)
1 02/05/1968

All Authorized Title Insurance Corporations

Insurers requested to adopt procedures to guard against losses from diversion of closing funds and priority of mechanics’ and materialmen's liens.

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2 04/18/1968 WITHDRAWN

The Chief Executive Officer Of Each Domestic Life Insurer

Sale representations of protection afforded by Life Insurance Guaranty Corp. banned.

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3 05/14/1968

All Insurance Companies Authorized To Do Business In New York

Apportionment of premiums for taxation based on property or risks located or resident in this State.

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4 06/20/1968 WITHDRAWN

All Licensed Insurers

Prepayment of certification, licensing and filing fees required as of Sept. 1, 1968.

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5 06/03/1968 WITHDRAWN

All Authorized Life Insurance Companies

Data & materials used in sale of life insurance and mutual funds to be submitted for review.

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6 07/01/1968

All Authorized Fraternal Benefit Societies

Rules in submitting amendments of charters, constitutions and by-laws under Sec. 4501.

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7 08/07/1968 WITHDRAWN

All Excess Line Brokers

Change in tax rates made by Chapter 247, Laws of 1968.

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8 09/03/1968

All Authorized Life Insurance Companies

Agents licenses required in sale of individual variable annuities beginning Nov. 1, 1968.

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9 10/03/1968 WITHDRAWN

All Companies Paying Contributions To The Motor Vehicle Liability Security Funds

Claims reserves on accidents in New York State involving out-of-state insureds to be included in computing ceiling for Motor Vehicle Liability Security Funds.

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10 09/25/1968 WITHDRAWN

All Authorized Life Insurance Companies

Agents' licenses to sell individual variable annuities not required until May 1, 1969 in sale of individual tax-deferred contracts providing variable retirement benefits.

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