Regulators hosted a lengthy debate on proxy discrimination’s meaning and cultural significance. Proxy discrimination occurs when a facially neutral trait is used as a stand-in for a prohibited trait.
Regulators seeking to strengthen asset testing requirements for large-scale offshore reinsurance deals ran into a few potential hurdles this week.
California Insurance Commissioner Ricardo Lara released a statement Friday on his latest administrative action addressing the state’s insurance crisis. Why…
It took years for a regulator group to finalize an accelerated underwriting guidance that was adopted in five minutes Tuesday with no comments.
The Reg BI “best interest” rule adopted by securities regulators five years ago has not nearly lived up to its promises, a panel says.
A state insurance panel plans to preview a draft actuarial guideline aimed at tightening oversight of offshore reinsurance assets at its August summer meeting in Chicago.
One day after a Texas judge granted a preliminary injunction freezing its current fiduciary rule, a DOL spokesperson said regulators continue to believe in the strategy.
Saying the plaintiffs were likely to succeed on the merits of their claim, a Texas court has stayed the DOL’s 2024 fiduciary rule.
Saying the courts and corporations have hijacked the government, a group of senators have filed a bill to reinstate the Chevron Doctrine.
An insurance panel reminded state regulators that updated rules are available to help consumers get more funds from a receivership case.
Life insurers are unhappy with proposed tougher reinsurance oversight and let regulators know Monday during a working group call.
National Council of Insurance Legislators’ CEO Commissioner Tom Considine announced his retirement effective Dec. 31, 2024. The announcement came during…
The DOL says it may review the controversial practice of transferring pension risks to life insurers, commonly known as “derisking.”
How much input to allow the insurance industry to have on new privacy model rules divided some regulators and consumer advocates during a confusing conference call Wednesday.
A House committee today approved a budget rider that would prevent the Department of Labor from spending any funds to implement its fiduciary rule.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for June. The actions are…
Consumer advocates have brought new concerns about how insurers are using AI to the attention of the NAIC’ technology committee.
Regulators voted Thursday to expose a pair of reinsurance documents designed to move regulators closer to an actuarial guideline to tighten offshore reinsurance testing.
A New Orleans federal appeals court is scheduled to hear arguments the week of July 8 on whether the Biden administration’s ESG rule meets the legal standard.
After putting accelerated underwriting aside for a year, state insurance regulators are out with tentative guidance on the topic.
