State RegulationsNY specificDifficulty 2/5
A licensee submits an assumed name for use in New York that suggests an affiliation with a state government agency. Which outcome is most consistent with N.Y. Ins. Law §2102(f)?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under N.Y. Ins. Law §2102(f), assumed names must be reported to the Superintendent and cannot be used to mislead consumers. A name implying a government affiliation deceives the public about the licensee's identity and status, so the Superintendent may refuse it - part of DFS's consumer-protection role over how producers market themselves.
Why the other options are wrong
- A) Assumed names are subject to reporting and review; they are not exempt from regulatory scrutiny.
- B) A county filing adds nothing; a misleading name remains objectionable under the Insurance Law regardless of other registrations.
- D) No federal referral is required; the Superintendent has direct authority over licensees' assumed names.
Memory hook
Fake-government vibe = name denied. Honesty is the naming policy.