Excess Line Association of New York Hires Davis as Financial Director
The Excess Line Association of New York (ELANY) has hired James Davis as financial director.
Davis will be responsible for the financial review and analysis of all eligible listed excess line insurers to verify their financial strength. He’s based in ELANY’s main office in New York City.
Davis recently retired from the New York State Department of Financial Services (DFS) after 29 years of service as insurance regulator. He was most recently assistant chief in the Financial Division of the Property Bureau at DFS.
The Excess Line Association of New York is a nonprofit industry advisory association created by the New York statute in 1988. It’s charged with the duty to facilitate and encourage compliance with the excess line law. ELANY’s responsibilities include serving as a facilitator between brokers and regulators, conducting financial review and oversight of non-admitted markets, and providing continuing education.
- Taiwan Halts Stock Trade, Shuts Schools as Typhoon Champi Nears
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
- Former Trident Reciprocal CEO Ordered to Pay $468K in Attorney and Arbitrator Fees
- Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability