Michael Formichelli
Associate Attorney at New York State Department of Financial Services - , New York, United States
Michael Formichelli's Colleagues at New York State Department of Financial Services
Michael Formichelli's Contact Details
["(800) 342-3736"]
New York State Department of Financial Services
Michael Formichelli's Company Details
New York State Department of Financial Services
, New York, United States • 501 - 1000 EmployeesFinancial Services
The Department of Financial Services supervises and regulates the activities of approximately 1,500 banking and other financial institutions with assets totaling more than $2.6 trillion and more than 1,400 insurance companies with assets of more than $4.7 trillion. They include more than 130 life insurance companies, 1,300 property/casualty insurance companies, about 100 health insurers and managed care organizations, and 300,000 individual insurance licensees, 122 state-chartered banks, 80 foreign branches, 10 foreign agencies, 14 credit unions, 13 credit rating agencies, nearly 400 licensed financial services companies, and more than 9,600 mortgage loan originators and servicers.