News coverage of insurance industry and financial advisor regulation.
The Trump administration’s plans for the financial services sector are taking shape key appointments are being announced.
Marc Rowan, billionaire co-founder and CEO of Apollo Global Management, Inc., has reportedly emerged as a key candidate for treasury secretary.
President-elect Donald Trump said he would nominate Dr. Mehmet Oz to lead the Centers for Medicare & Medicaid Services.
Don’t expect the Trump team to prod Congress to tackle the looming Social Security problem anytime soon. If at all.
A consumer group has taken issue with the California Department of Insurance’s refusal to provide annuity sales complaint data.
Now that Donald Trump has won a return to the White House the future of the estate tax is a little clearer.
Hawaii Supreme Court becomes the first to classify greenhouse gases as pollutants, and thus excluded from traditional insurance coverage.
State insurance regulators trying to get better control of offshore reinsurance reserves opted for a “narrow scope” with a new guideline.
State insurance regulators are set to return to the reinsurance issue as soon as Thursday.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for August. The actions are…
While likely not a top issue for them, either Donald Trump or Kamala Harris will likely end up deciding the fate of the DOL effort to extend fiduciary duty.
Long-term care insurance rate hike requests represent a longstanding headache for state insurance regulators who desire consistency.
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.
