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.
Acting Superintendent Kaitlin Asrow Secures $2.25 Million Cybersecurity Settlement with Delta Dental
The Acting Superintendent, Kaitlin Asrow, has reached a settlement of $2.25 million with Delta Dental due to a cybersecurity issue. This settlement is aimed at addressing the data breach that affected many individuals. Insurance agents should stay informed about this development as it highlights the...
Rescission of Obsolete Regulations Addressing Drug Addiction and Alcoholism Under Titles II and XVI of the Social Security Act
The government has removed outdated rules related to drug addiction and alcoholism that were part of the Social Security Act. This change affects how these issues are handled under certain social security programs. Agents should be aware of this update and ensure they are informed about current regu...
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...