re: #257 KingKenrod

I don’t understand this. NY would not allow an out of state insurer to sell a substandard policy in NY even if a federal regulation said the out of state insurer could legally sell there. The only way another state could sell in NY while ignoring NY regulations would be if a federal law allows them to do so, and at that point ALL state insurance regulations would be moot and we would have a single federal standard.

Not true. The federal regulation allowing the out of state insurer to legally sell there would almost certainly preempt any NY regulation.