Skip to Content

Examination Reports (Insurance)

The DFS examines domestic insurers and HMOs and has the authority to examine any insurer doing business in the state.

CRA Exam Ratings

The DFS examines banks for CRA performance and assigns each institution a CRA rating based on performance.

Fraud Reports, Arrests and Statistics

The DFS requires that insurers file fraud reports, we also issue statistics on fraud arrests, convictions and IFBs.

The Weekly Banking Bulletin

The Weekly Bulletin is a public notification of receipt by the Department of applications and notices.

Comment Letters

The DFS issues Comment Letters in response to requests for comment relating to rulemaking and regulatory actions.

DFS Annual Reports

Read reports required to be submitted by the DFS to the Governor and Legislature at certain intervals.

Health Care - Payment Reform Survey

This report summarizes the findings of DFS’s survey of health insurers’ pilot programs to move to value-based provider payments and other initiatives to reduce health care costs and improve quality. The report will help state agencies, legislators and other stakeholders identify successes, consider reforms that encourage innovation, increase standardization and multipayer alignment, and bring successful efforts to scale. In particular, this report will provide a baseline for the State Health Innovation Plan (SHIP), New York’s blueprint for achieving the Triple Aim that is being developed by the New York State Department of Health (DOH), New York State Department of Financial Services (DFS), New York State Department of Civil Service, the New York State Division of Budget, and other agencies, in consultation with payers, providers, brokers, businesses and consumers.

Payment Reform Survey - Issued July, 2014 (PDF)

Community Banking Report

The Community Banking Report shows that community banks provide most of the loans for New York’s small businesses and farms and are thus essential to job growth and the strength of the state economy. Even though community banks have less than a quarter of all bank assets in New York and are competing against much larger national banks, they generate more than half of all small business loans and almost all the small farm loans in the State.

Community Banking Report - Issued February 7, 2013 (PDF)

Unexpected Out-of-Network Medical Bills Report

The Department of Financial Services is investigating unexpected out-of-network medical costs affecting New Yorkers across the state, many of whom cannot afford to pay out-of-pocket expenses. In addition, DFS released the following report that finds an overwhelming need for increased transparency from insurers and medical service providers, and improved consumer protection measures to ensure that New Yorkers stop receiving unexpected bills. The investigation was sparked by an overwhelming amount of consumer complaints. DFS found that unexpected out-of-network medical bills are one of the most common complaints received by the agency.

Working Group Report

This report, required under Section 205 of the Financial Services Law, summarizes select issues that the DFS working group, formed to examine ways to improve the efficiency and effectiveness of banking regulation and insurance regulation, found to be the top recommendations provided from the banking, insurance and financial services industries. In addition, this report highlights DFS accomplishments to date, as well as the steps DFS has taken and will take to make regulation more efficient and effective.

Miscellaneous Reports

The reports in this section are in PDF format.

Cyber Security Reports

Report Publish Month and Year

Update on Cyber Security in the Banking Sector: Third Party Service Providers

April 2015

Report on Cyber Security in the Insurance Sector

February 2015

Report on Cyber Security in the Banking Sector

May 2014

Other Reports

Report Publish Month and Year

Report on New York State Medical Indemnity Fund – 2nd Quarter 2018 Actuarial Analysis

August 2018

Online Lending Report

July 2018

Report on New York State Medical Indemnity Fund – 1st Quarter 2018 Actuarial Analysis

May 2018

Report on New York State Medical Indemnity Fund – 4th Quarter 2017 Actuarial Analysis

March 2018

Report on New York State Small Group Stop Loss Study

March 2018

Report on New York State Medical Indemnity Fund – 3rd Quarter 2017 Actuarial Analysis

February 2018

Report on Insurance Law to Governor Cuomo and The New York State Legislature in Relation to Private Passenger Automobile Insurance Policies

March 2017

Report on New York State Medical Indemnity Fund - 2nd Quarter 2017 Actuarial Analysis

July 2017

Report on New York State Medical Indemnity Fund - 1st Quarter 2017 Actuarial Analysis

June 2017

Report on New York State Medical Indemnity Fund

June 2017

Report on New York's Foreclosure Process

May 2015

Automobile Insurance Policies and the 2% Rule

March 2014

Shining A Light On Shadow Insurance

June 2013

Report on the Hospital Excess Liability Pool

December 2012

Report on Municipal Cooperatives and Community Rating

December 2011

Municipal Cooperative Reserve Requirements Report

December 2011

The Insurance Industry and the Economies of Central and Eastern Europe, 1918 - 1945 - Holocaust Claims Processing Office

October 2011

Updated 09/14/2018

Department of Financial Services


DFS Facebook page

Follow NYDFS on Twitter


Sign up online or download and mail in your application.