A new asset-testing guideline for reinsurance deals will result in no direct action, even if regulators uncover negative numbers.
After five years, many advisors and brokers remain divided on the Securities and Exchange Commission’s Regulation Best Interest.
Department of Business and Industry Director Dr. Kristopher Sanchez today announced the appointment of Ned Gaines as Acting Commissioner at…
A SCOTUS ruling on birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules.
New Jersey Department of Labor and Workforce Development officials are reviving the “ABC Test” for independent contractor status.
Regulators are set to adopt an asset adequacy testing guideline to add another layer of transparency to major reinsurance deals.
Utah regulators dropped a petition to force Sentinel Security Life Insurance Co. and a pair of reinsurers into court-ordered rehabilitation.
The Securities and Exchange Commission has some work to do following the recent guilty verdict against a Massachusetts advisor for insufficient disclosures.
CFP professionals are warning expiring tax cuts could pose significant risks to their clients’ financial goals.
Connecticut Insurance Department regulators are back in court this week in their ongoing effort to rehabilitate the financially troubled PHL Variable Insurance Co.
State insurance regulators say life insurers are “undermining” efforts to bring illustrations in line with reality.
Artificial intelligence is developing fast, maybe too fast for state insurance regulators. But some say they have to move faster.
State insurance regulators resumed discussions Tuesday on a proposal to make a key measure of insurance companies’ financial health confidential.
Offshore reinsurance gives life insurers more options to invest their capital, with access to increased scale and new business volumes. But is it financially sound?
The Life Insurance Consumer Advocacy Center (LICAC) has filed a lawsuit against the California Department of Insurance (CDI) for violations…
The insurance industry is facing even broader repercussions from the administration’s policies well beyond what tariffs could bring.
A consumer advocacy group claims that the National Association of Insurance Commissioners enjoys widespread power and influence without the accompanying transparency,
Regulators are ready to hit the home stretch on an asset adequacy testing guideline for offshore reinsurance. But that does not mean everyone is happy.
New York State Department of Financial Services Superintendent Adrienne A. Harris concluded of a multi-year investigation into motor vehicle insurers’…
House Republicans proposed slashing Medicaid as a way to pay for federal budget cuts that would fund a GOP agenda that includes tax cuts, border security and energy production.
