Department of Financial Services Announces Proposed Amendment to the No-Fault Regulations

On May 1, 2012, the New York State Department of Financial Services (DFS) issued a press release announcing proposed amendments to the No-Fault regulations (Regulation 68-C), which are aimed at combating fraud in the No-Fault system. Effective May 16, 2012, the proposed amendments were posted to the DFS website for public review and comment. Comments on the proposed amendments can be submitted to the DFS through June 30, 2012.

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