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.
Trump Administration Announces $35 million Investment to Advance Screening Technology, Secure Additional Operating Rooms, and Modernize Rural Pennsylvania Healthcare
The Trump Administration has announced a $35 million investment aimed at improving healthcare in rural Pennsylvania. This funding will enhance screening technology, add more operating rooms, and improve transportation options for patients. The goal is to ensure that residents in rural areas have acc...
CMS News: Trump Administration Announces $35 million to Support Investments in Rapid Response Capabilities to Improve Rural Pennsylvania Healthcare
The Trump Administration has announced a $35 million investment to improve healthcare in rural Pennsylvania. This funding will be used to update medical technology, purchase new equipment, and enhance transportation options for patients. The goal is to provide better healthcare access and outcomes f...
Community Reinvestment Act Regulations
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are changing their rules for the Community Reinvestment Act. These changes aim to help banks better serve their communities by making it easier for them to provide loans and grants where they are...
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 13f-2-Short Position and Short Activity Reporting by Institutional Investment Managers
The regulatory announcement discusses changes to the reporting requirements for institutional investment managers, which include insurance companies and banks. These changes aim to improve transparency about short selling activities in the market. Agents should be aware of these updates and ensure c...
Order Granting Conditional Substituted Compliance in Connection With Certain Capital and Financial Reporting Requirements Applicable to a Nonbank Swap Dealer Domiciled in the French Republic and Subject to the European Union's Investment Firms Regulation and Investment Firms Directive
The Commodity Futures Trading Commission (CFTC) has approved a request from Goldman Sachs Paris Inc. to recognize that the financial rules in the European Union for certain swap dealers meet U.S. requirements. This decision affects nonbank swap dealers based in France, allowing them to follow EU reg...
Streamlining Regulations Concerning Public Welfare Investments, Open Market Collateralized Loan Obligations, and Federal Savings Association Nondiscrimination Requirements
The Office of the Comptroller of the Currency is proposing changes to some regulations that affect public welfare investments and federal savings associations. This includes removing references to minority- and women-owned businesses and eliminating certain compliance options for loan arrangements. ...
Fiduciary Duties in Selecting Designated Investment Alternatives
A new proposed regulation is being introduced that affects fiduciaries responsible for choosing investment options in retirement plans, specifically those that allow participants to direct their own accounts. This regulation aims to clarify the responsibilities of these fiduciaries to ensure they ma...
Multi-Class ETF Fund Exemptive Relief Under the Investment Company Act of 1940
A group of mutual funds and investment advisors has received special permission to create a new type of investment fund that can hold multiple classes of shares. This change affects the Mutual Fund Series Trust and other related entities. Insurance agents should stay informed about these development...
Retirement Security Rule: Definition of an Investment Advice Fiduciary: Notice of Court Vacatur
A recent court decision has overturned the 2024 rule that defined who qualifies as a 'fiduciary' under the Employee Retirement Income Security Act (ERISA). This also affects the amendments made to a specific exemption related to prohibited transactions. As a result, the original text of the exemptio...