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Expert Analysis

An Icy Blast For NY Insurers Using External Consumer Data

By Ann Young Black, Ben Seessel and Jamie Bigayer (February 6, 2019, 3:17 PM EST) -- On Jan. 18, 2019, a wintry wind blew when the New York Department of Financial Services released Circular Letter No. 1 (2019) "to advise insurers authorized to write life insurance in New York of their statutory obligations regarding the use of external consumer data and information sources in underwriting for life insurance."...

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