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Nationwide Life Insurance to pay $5.6M for annuity-related violations

The New York State Department of Financial Services (DFS) entered into a consent order with Nationwide for those regulation violations, Adrienne Harris, superintendent of financial services announced May 20.  Under the order, Nationwide will pay about $3.4 million in restitution to New York State consumers, along with $2.24 million in penalties. Impacted consumers will also

Jabbour retires from Air Force Research Lab in Rome

ROME, N.Y. — The Air Force Research Laboratory Rome Information Directorate’s (AFRL/RI) senior scientist for information security has retired after more than 20 years at the organization. Kamal T. Jabbour stepped down, effective June 1. He had served as a member of the scientific and technical cadre of senior executives for the past two decades.

DiNapoli: Local sales-tax collections rise nearly 16 percent in April

ALBANY, N.Y. — Local government sales-tax collections increased 15.7 percent in April compared to the same month in 2021.  That’s according to an analysis that New York State Comptroller Thomas DiNapoli released May 18. Overall, local collections totaled $1.7 billion, up $232 million from April of last year. Nearly every county generated “significant” year-over-year growth

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