Skip to content
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.

Need help keeping up with these changes?

Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action CSBS MA Aug 24, 2026

    NewRez Multistate Mortgage Servicing Settlement

    On August 12, 2026, a multistate settlement was reached with NewRez, LLC, involving 48 state financial agencies over improper insurance charges. The settlement totals $15.

  • Action California DFPI CA Aug 23, 2026

    California Multistate Settlement with NewRez LLC

    A multistate settlement with NewRez LLC was announced on August 12, 2026, regarding improper charges for force-placed insurance.

  • Info CSBS Aug 20, 2026

    Debt Collection Settlement with NewRez LLC

    A multistate settlement was reached with NewRez LLC, resulting in a $15. 5 million settlement for improper force-placed insurance charges.