Insurance News
Regulatory updates in plain English
Stay current with the latest from CMS, state departments of insurance, NAIC, the Federal Register, and Congress — rewritten so you can actually understand what it means for your practice.
Statement By Department of Financial Services Acting Superintendent Kaitlin Asrow on New York State FY27 Budget
The New York State budget for fiscal year 2027 has been announced, impacting various financial services including insurance. This budget outlines funding and priorities that will affect how insurance companies operate in the state. Insurance agents should review the budget details to understand how ...
Governor Hochul Signs Budget That Makes New York More Affordable, Keeps New Yorkers Safe And Expands Opportunity For All
New York's Governor Hochul has signed a new budget aimed at making life more affordable for residents, enhancing safety, and creating more opportunities for everyone. This budget includes various measures that may impact insurance costs and availability in the state. Insurance agents should review t...
As Washington Republicans Make Life Harder and More Expensive for Working Families, Governor Hochul Continues Push for Key Budget Proposals to Make Life More Affordable for New Yorkers
Governor Hochul is working on budget proposals aimed at making life more affordable for New Yorkers. This comes as Republicans in Washington are implementing policies that are increasing costs for working families. Insurance agents should stay informed about these budget changes as they may affect t...
Statement by DFS Acting Superintendent Kaitlin Asrow at the Joint Legislative Public Hearing on FY 2027 Executive Budget - Health
The Department of Financial Services (DFS) has announced changes in the health budget for the fiscal year 2027. This affects all health insurance providers and stakeholders in the industry. Agents should review the new budget details and understand how these changes may impact their operations and c...
Statement by DFS Acting Superintendent Kaitlin Asrow at the Joint Legislative Public Hearing on FY 2027 Executive Budget - Economic Development
The Department of Financial Services (DFS) has announced updates related to the FY 2027 Executive Budget that will impact economic development initiatives. This announcement is important for insurance agents as it may affect funding and regulations in the insurance sector. Agents should stay informe...
Governor Hochul Joins New York Farm Bureau and Farmers to Highlight Her FY27 Budget Proposals
Governor Hochul has announced her budget proposals for the fiscal year 2027, focusing on support for farmers in New York. This announcement was made in collaboration with the New York Farm Bureau and local farmers. Agents should stay informed about these proposals as they may impact agricultural ins...
Agency Information Collection Activities: Submission for Office of Management and Budget Review (OMB); Comment Request
The government is collecting information from organizations that provide services to homeless individuals. This includes details about the populations they serve, the services they offer, and how they train their staff. It also involves how they use data to improve their programs and work with other...
Agency Information Collection Activities; Submission to the Office of Management and Budget for Review and Approval; Request for Comment; Incident Reporting for Automated Driving Systems (ADS) and Level 2 Advanced Driver Assistance Systems (ADAS)
The National Highway Traffic Safety Administration (NHTSA) is updating its requirements for reporting incidents involving Automated Driving Systems (ADS) and Level 2 Advanced Driver Assistance Systems (ADAS). This change affects manufacturers and developers of these technologies, as they will need t...
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
Nasdaq MRX, LLC has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' liability, and e...
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related To Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Long-Term Stock Exchange has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' lia...
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Nasdaq ISE has announced new fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security, directors and officers liability, and errors and omissi...
Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
Nasdaq Texas has announced new fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors' and officers' liability, and erro...
Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The National Exchange LLC has announced a new rule that will establish fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) system from May 1, 2026, to December 31, 2026. This includes expenses for various types of insurance, such as cyber security liabili...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend FINRA Rule 6897 (Consolidated Audit Trail Funding Fees) To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Financial Industry Regulatory Authority (FINRA) has announced a new rule that will affect industry members by establishing fees related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, inclu...
Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The MEMX LLC has announced new fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security, directors' and officers' liability, and errors and omissi...
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Nasdaq PHLX LLC has announced a new rule that will establish fees for industry members related to the costs of the Consolidated Audit Trail (CAT) for the period from May 1, 2026, to December 31, 2026. These fees will cover necessary insurance costs, including cyber security liability, directors'...
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
The Nasdaq Stock Market has announced new fees for industry members related to the costs of maintaining the Consolidated Audit Trail (CAT) from May 1, 2026, to December 31, 2026. This includes expenses for various types of insurance, such as cyber security, directors' and officers' liability, and er...
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for May 1, 2026 Through December 31, 2026
Starting May 1, 2026, Nasdaq GEMX will implement new fees for industry members to cover the costs of the Consolidated Audit Trail (CAT). These fees will help pay for necessary insurance policies, including cybersecurity, directors and officers liability, and errors and omissions insurance. These typ...