Name Changes and Mergers
On the New York State Insurance Department's website, there is posted guidance on the procedure for filings to change company names and addresses as well as in situations where there is a company merger. www.ins.state.ny.us/ilifchng.htm. However, the guidance does not suggest time frames for making the required filings. In recent conversations with Ms, Kathleen A. Nelligan, Chief Insurance Attorney for the Life Bureau, she requested that companies file these submissions as early as possible, so as to allow time for unforeseen issues that might arise. Ms. Nelligan indicated that the Department would prefer to receive the submissions early and issue conditional approvals than receive the submissions timed to correspond with the anticipated name change/merger date.
