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.
Real Estate Lending Escrow Accounts
The Office of the Comptroller of the Currency (OCC) has finalized a rule that allows national banks and federal savings associations to create and manage real estate lending escrow accounts. This means banks can now have more freedom in deciding the terms of these accounts, including whether they wi...
Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)
The Consumer Financial Protection Bureau (CFPB) has updated rules that affect how small businesses can access credit. These changes include a new definition of what qualifies as a small business, adjustments to the types of credit transactions covered, and how data is collected and reported. The goa...