Richard A. Loconte, President & CEO 
(518) 436-8417  |  email

Richard Loconte is the President and Chief Executive Officer of the Life Insurance Council of New York (LICONY). He oversees the organization's operations and works directly with the LICONY Board of Directors to develop and guide the strategic mission of the organization. LICONY is the leading life insurance organization in New York, representing more than 70 life insurer member companies and more than 20 allied professional firm members. Its mission is to create and maintain a legislative and regulatory environment in the State of New York that encourages the members of LICONY to conduct and grow their life insurance businesses.

Prior to joining LICONY, Rich served as a Vice President of Government Affairs at Oscar Health Insurance, where he led the company’s governmental and regulatory engagement at the state and federal levels. At Oscar, he designed and built the company’s government affairs function to meet the demand of a growth stage startup that has expanded across the country to become the third largest individual health insurer in the nation.

Before joining Oscar, Rich served as Executive Deputy Superintendent of Communications and Strategy for the New York State Department of Financial Services (DFS). At DFS, he led the Department’s external relations functions including legislative affairs, communications, media relations, consumer outreach, education, and complaint processing. In this role, Rich also counseled the Superintendent and other senior staff on the Department’s regulatory and legislative initiatives and enforcement, served as liaison to the Governor’s office, and worked closely with key financial services trade associations, including LICONY. His insurance career also includes working at American International Group, Inc., where he was Deputy Head of Government Affairs and Associate General Counsel. There, Rich represented AIG before regulatory agencies and other government bodies on legislative and regulatory issues related to the insurance industry and the broader financial services sector and was instrumental in reestablishing the company's federal government affairs office in Washington, DC.

A New York City native, Rich is a graduate of Fordham University and Brooklyn Law School. He is admitted to practice in New York and New Jersey and before the United States District Court for the District of New Jersey.

Diane StutoDiane D. Stuto, Managing Director, Legislative and Regulatory Affairs
(518) 436-8417 | email

Diane Stuto is the Managing Director for Legislative and Regulatory Affairs at the Life Insurance Council of New York (LICONY). She joined the association in 1990 as an Assistant Vice President. She was appointed to Vice President in 1995, Senior Vice President in 1999, and to Executive Vice President in 2003.  She was appointed to her new position in 2016.  Diane's focus is primarily on regulatory issues of importance to the life insurance industry of New York.

She is the primary contact for LICONY to the National Association of Insurance Commissioners (NAIC) and the American Council of Life Insurers (ACLI). Diane is principally responsible for most of the regulatory advocacy & compliance issues involving the New York Department of Financial Services, including life insurance and annuity replacements (Regulation 60), life insurance & annuity best interest & suitability (Regulation 187), life insurance & annuity non-guaranteed elements (Regulation 210), actuarial & reserving, risk classification & privacy matters, and holding company matters, including ERM and ORSA.  Diane is also responsible for matters relating to company examinations.  Prior to 2016, Diane was principally responsible for LICONY advocacy before the New York legislature.

Before joining LICONY, Diane worked for several years in the New York State Senate, her last position as Legislative Director to the ranking member of the Senate Insurance Committee. She received her Bachelor of Arts degree from the State University of New York at Albany. Diane and her husband reside in Albany, New York with their triplet children.

Timothy D. Atkins, Managing Director
(518) 436-8417| email

Timothy Atkins is the Managing Director for Legislative Affairs at LICONY. Timothy's responsibilities at LICONY include drafting legislation and lobbying support for the bills that will make up the organization’s affirmative legislative program; analyzing new bills and regulations for their impact our companies; drafting position memos as needed; and, representing LICONY and its member companies at meetings with legislators, Executive Chamber staff, and the Department of Financial Services.

Timothy came to LICONY in November of 2019 with more than a decade of experience in positions working in and around the New York State Legislature. Most recently, Atkins served as Director of Intergovernmental Affairs at the Dormitory of the State of New York (DASNY). There he worked directly with the President and senior management to develop DASNY’s legislative agenda including soliciting legislative sponsorship and support. He also guided DASNY’s proposals through the legislative process and successfully lobbied for the passage of the several pieces of legislation critical to the authority. He has also held several positions inside the New York State Senate including Parliamentarian where he assisted in developing the daily Senate floor agenda and provided advice to the acting President of the Senate relating to the Senate Rules, parliamentary procedure, and the customs of the house.

Timothy earned his Juris Doctorate from Hofstra University and his Bachelor of Arts degree from the University at Albany.

Tim and his wife reside in Delmar, New York with their two daughters.

Linda NusbaumLinda M. Nusbaum, Director, Operations
(518) 436-8417 | email

Linda Nusbaum is Director of Operations of the Life Insurance Council of New York. She is responsible for supporting the President & CEO in planning efforts and managing the financial resources necessary for executing LICONY’s mission. She oversees the daily operations of LICONY and is responsible for accounting, bank relations and directing office workflow. Prior to joining LICONY, she worked for the New York State Assembly. 

She received her Bachelor of Arts degree from SUNY Empire State College. Linda and her husband reside in East Greenbush, New York with their two children.

 Edward KollerEdward B. Koller, Manager, Public & Legislative Affairs

(518) 436-8417| email

Edward Koller is the Manager of Public & Legislative Affairs at the Life Insurance Council of New York (LICONY). He joined LICONY in April of 2018. Edward manages communication strategies and supports regulatory and legislative efforts by preparing press materials and member publications. He also designs and prepares marketing materials for events and ad placement. On the legislative side, Edward works with staff to track legislation of interest to LICONY members and support lobbying efforts.

Prior to joining LICONY, Edward worked as Communications Director at the Capital Area School Development Association. There he worked with staff and faculty to develop, design and market events and technical assistance services through print and digital media platforms to help improve student outcomes in the Capital Region. Edward also started his career working in the NYS Assembly where he wrote press releases, columns, talking points and other materials for members.

He received his Bachelor of Arts degree from the State University of New York at Albany. Edward and his wife reside in Delmar, NY with their two children.

Patty TarioPatricia M. Tario, Executive Assistant

(518) 436-8417 | email

Patty Tario is the Executive Assistant for Richard Loconte. She joined the association in September of 2017 as an Administrative Assistant. Prior to joining LICONY, Patty worked for over 20 years in the New York State Assembly Speakers Office as an Executive Assistant.

Patty resides in Saratoga Springs, NY with her husband, Dennis and has two adult children.

Felicia Franklin, Administrative Assistant
(518) 436-8417 | email

Felicia Franklin is the Administrative Assistant for LICONY. She joined the association in March 2021 and provides administrative support, as well as prepares and submits New York State Lobbying and Board of Election filings. Prior to joining LICONY, Felicia worked over 21 years in downtown Albany, more than 15 years for the American Petroleum Institute as Office Manager and 6 years for Davidoff, Malito & Hutcher as Administrative Assistant.

She resides in Schenectady, NY and is the proud mother of three grown children.

Last Updated on Wednesday, October 06, 2021 10:36 AM