N.Y. Regulators Tell Insurers To Participate In Flu Simulation

Empire State insurance companies should prepare to show how they would survive if a major influenza pandemic forced many employees to stay home for weeks at a time.

Officials at the New York State Insurance Department say they expect all insurance companies in the state to participate in an exercise next month to help show how well the U.S. financial services system could handle a pandemic.

New York regulators are asking both large and small insurers to register for the pandemic simulation at Document Link

The U.S. Treasury Department and major financial services trade groups are sponsoring the 3-week, Web-based exercise, which is set to start Sept. 24.