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New York Pressuring Insurers Into Race-Based Hiring


To:  All New York Domestic and Foreign Insurance Companies
Re:  Diversity and Corporate Governance
As Superintendent of the New York State Department of Financial Services (DFS), I have consistently stressed the critical importance of diverse perspectives to problem-solving.  Research shows that diverse teams perform better, innovate more, and are more effective at managing risks….DFS expects New York-regulated insurers to make the diversity of their leadership a business priority and a key element of their corporate governance….
DFS has evaluated different regulatory approaches to promote DEI in the insurance industry, including the imposition of quotas and the collection and disclosure of diversity data….Based on our research and outreach, we have determined that the best way for DFS to support the insurance industry s DEI efforts is by collecting and publishing data relating to the diversity of corporate boards and management. Data collection is essential t ....

New York , United States , Andrew Cuomo , York Department Of Financial Services , Supreme Court , See Lutheran Church , Foreign Insurance Companies , Regents Of The University California , University Of Michigan , Getty Images , Lutheran Church , Financial Services , All New York Domestic , Foreign Insurance , New York State Department , New York Regulated , Financial Economics , Daniel Ferreira , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ கோமோ , யார்க் துறை ஆஃப் நிதி சேவைகள் , உச்ச நீதிமன்றம் , பார்க்க லூத்தரன் தேவாலயம் , வெளிநாட்டு காப்பீடு நிறுவனங்கள் , ஆட்சியாளர்கள் ஆஃப் தி பல்கலைக்கழகம் கலிஃபோர்னியா ,

New York Pressuring Insurers Into Race-Based Hiring


To:  All New York Domestic and Foreign Insurance Companies
Re:  Diversity and Corporate Governance
As Superintendent of the New York State Department of Financial Services (DFS), I have consistently stressed the critical importance of diverse perspectives to problem-solving.  Research shows that diverse teams perform better, innovate more, and are more effective at managing risks….DFS expects New York-regulated insurers to make the diversity of their leadership a business priority and a key element of their corporate governance….
DFS has evaluated different regulatory approaches to promote DEI in the insurance industry, including the imposition of quotas and the collection and disclosure of diversity data….Based on our research and outreach, we have determined that the best way for DFS to support the insurance industry s DEI efforts is by collecting and publishing data relating to the diversity of corporate boards and management. Data collection is essential t ....

New York , United States , Andrew Cuomo , York Department Of Financial Services , Supreme Court , See Lutheran Church , Foreign Insurance Companies , Regents Of The University California , University Of Michigan , Getty Images , Lutheran Church , Financial Services , All New York Domestic , Foreign Insurance , New York State Department , New York Regulated , Financial Economics , Daniel Ferreira , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூ கோமோ , யார்க் துறை ஆஃப் நிதி சேவைகள் , உச்ச நீதிமன்றம் , பார்க்க லூத்தரன் தேவாலயம் , வெளிநாட்டு காப்பீடு நிறுவனங்கள் , ஆட்சியாளர்கள் ஆஃப் தி பல்கலைக்கழகம் கலிஃபோர்னியா ,