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Action required New York Department of Financial Services NY Jul 13, 2026

DFS Final Adoption for Agent Training Allowance Subsidies Under 3rd Amendment to 11 NYCRR 12

DFS's insurance regulatory activity page shows final adoption dated July 8, 2026 for Agent Training Allowance Subsidies for Certain Life Insurance and Annuity Business under the 3rd Amendment to 11 NYCRR 12, Insurance Regulation 50. The item reflects a completed state rulemaking step during the period.

DFS's insurance regulatory activity page shows final adoption dated July 8, 2026 for Agent Training Allowance Subsidies for Certain Life Insurance and Annuity Business under the 3rd Amendment to 11 NYCRR 12, Insurance Regulation 50. The item reflects a completed state rulemaking step during the period.

What changed

DFS finalized the 3rd Amendment to 11 NYCRR 12 covering agent training allowance subsidies for certain life insurance and annuity business.

Compliance perspective

This is an insurance item and not central to mortgage, debt collection, lending, or MSB licensing. Insurance-regulated entities in New York should review the adopted text and implementation timing.

Key date

Effective date: July 8, 2026.

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  • Action New York State Department of Financial Services NY Jul 12, 2026

    New York DFS adopted 3rd Amendment to Insurance Regulation 50

    On July 8, 2026, DFS posted final adoption of the 3rd Amendment to 11 NYCRR 12, Insurance Regulation 50. The amendment concerns agent training allowance subsidies for certain life insurance and annuity business.