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Regulation News

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News coverage of insurance industry and financial advisor regulation.

Top Stories

March 26, 2026
Image shows the NAIC logo
Regulators are considering changes to its open meetings policy.

NAIC regulators field complaints about transparency, closed meetings

NAIC regulators defended the need for private meetings Tuesday as consumer advocates and industry representatives called for more transparency.

March 25, 2026
Image shows the NAIC logo
Annuity illustrations are getting too high for regulators.

Regulators want indexed product sellers to get real with illustrations

The bid to reform indexed illustrations took another step this week with a presentation at the National Association of Insurance Commissioners’ spring meeting in San Diego.

March 18, 2026
Image shows the Department of Labor logo in front of Congress.
A federal judge vacated the DOL's latest attempt to expand fiduciary duty.

Judge KOs Labor Department’s latest fiduciary rule

A federal judge officially killed the Department of Labor’s Retirement Security Rule on Tuesday.

More Stories

March 26, 2026
Image shows the NAIC logo
Regulators are considering changes to its open meetings policy.

NAIC regulators field complaints about transparency, closed meetings

NAIC regulators defended the need for private meetings Tuesday as consumer advocates and industry representatives called for more transparency.

March 25, 2026
Image shows the NAIC logo
Annuity illustrations are getting too high for regulators.

Regulators want indexed product sellers to get real with illustrations

The bid to reform indexed illustrations took another step this week with a presentation at the National Association of Insurance Commissioners’ spring meeting in San Diego.

March 18, 2026
Image shows the Department of Labor logo in front of Congress.
A federal judge vacated the DOL's latest attempt to expand fiduciary duty.

Judge KOs Labor Department’s latest fiduciary rule

A federal judge officially killed the Department of Labor’s Retirement Security Rule on Tuesday.

March 11, 2026
Image shows the Department of Labor logo and people shaded in the background.
The DOL is asking a court to vacate its controversial Retirement Security Rule.

Fiduciary Rule funeral: DOL joins industry in move to vacate Biden-era rule

The Department of Labor said in court documents this week that it supports a district court motion to vacate its Retirement Security Rule.

February 9, 2026
Image shows the words, "Group Annuity Reinvestment Guidelines."
Regulators want to tighten up the reinvestment guidelines for capital supporting group annuities in PRT deals.

NAIC regulators work to tighten investment guideline on PRT transfers

The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.

Bill giving insurance consumers restitution passes Washington state Senate

January 23, 2026

Insurance Commissioner Patty Kuderer’s bill to provide restitution to policyholders who are harmed by their insurance company or agent passed the Washington state Senate on Wednesday, 29 to 20.

December 8, 2025
Image shows a group of people standing in the shadows
An NAIC group is preparing a list of risk-based capital principles for insurers.

NAIC panel readies controversial RBC changes for fall meeting vote

Regulators discussed the purpose of risk-based capital data last week as work progressed on an at-times controversial set of RBC principles.

December 3, 2025
Image shows the Department of Labor logo
The Department of Labor fiduciary rule effort suffered another setback last week.

DOL fiduciary future murky as Fifth Circuit tosses appeal

The Department of Labor fiduciary rule is again on the ropes after the Fifth Circuit Court of Appeals dismissed the government’s appeal Friday.

November 24, 2025
Illustration of insurance performence illustrations using 3D objects. 'Take this as a win': NAIC creates new life insurance illustration group.

‘Take this as a win’: NAIC creates new life insurance illustration group

The National Association of Insurance Commissioners is creating a new working group to address life insurance and annuity illustrations.

November 5, 2025
Illustration showing financial graphs with the logos for Apollo and UBS.

Apollo CEO fires back at UBS chair over ‘systemic risk’ comments

UBS Chairman Colm Kelleher said that insurers shopping for better ratings are creating a “looming systemic risk” to global finance. Marc Rowan disagreed.

NAIC CEO Gary Anderson departs after one year on the job

November 3, 2025

The National Association of Insurance Commissioners announced Friday that Gary Anderson departed his position as the organization’s chief executive officer…

August 18, 2025
Image shows the NAIC logo
An NAIC task force is working on an update of the risk-based capital ratio.

NAIC gets pushback on fast-track effort to add ‘rigor’ to 33-year-old RBC standard

State insurance regulators are moving with alacrity on a controversial plan to overhaul the risk-based capital (RBC) framework by the end of 2025.

August 15, 2025
Image shows the Department of Labor building and an hourglass
The Department of Labor is unsure on how to proceed with the Biden-era Retirement Security Rule.

DOL seeks another delay to decide on fiduciary rule future

The Department of Labor remains undecided about what to do with the Biden-era Retirement Security Rule, its latest attempt to expand fiduciary duty.

August 14, 2025
Image shows a screen and the letters, RBC
Regulators plan to take up a controversial proposal to hide RBC figures in October.

Cooling off period urged before regulators tackle proposal to hide RBC

A proposal to make a key measure of insurance companies’ financial health confidential is teed up for regulators to tackle in October.

August 14, 2025
Image shows the NAIC logo.
NAIC regulators are working to gain a better handle on life insurance company reserving risk.

NAIC regulators: Signs of ‘progress’ getting life insurers to cut spreads

State insurance regulators report “progress” getting life insurers to pull back on overly optimistic investment growth projections.

August 12, 2025
Image shows a percent sign increasing in size
Regulators want to tamp down unrealistic illustrations.

NAIC takes another swing at stricter rules on life insurance illustrations

State insurance regulators are again nibbling around the edges of an actuarial guideline designed to limit unrealistic life illustrations.

July 21, 2025
Image shows the NAIC logo.
An NAIC task force is attempting to update RBC principles.

New NAIC task force urged to update RBC to avoid more insurer failures

An NAIC task force is tackling risk-based capital ratio in an effort to better identify “potentially weakly capitalized companies.”

July 15, 2025
Image shows people around a table and the word "reinsurance."
The NAIC Life Insurance and Annuities (A) Committee passed a reinsurance asset testing guideline Monday.

NAIC committee unanimously passes reinsurance asset-testing guideline

A new asset-testing guideline for reinsurance deals will result in no direct action, even if regulators uncover negative numbers.

July 10, 2025
Image shows a 5-year symbol recognizing the anniversary of Reg BI.
The SEC's Regulation Best Interest took effect five years ago.

SEC’s Reg BI at year 5: ‘A glass half-full’ as challenges remain

After five years, many advisors and brokers remain divided on the Securities and Exchange Commission’s Regulation Best Interest.

Ned Gaines named acting insurance commissioner for Nevada

July 7, 2025

Department of Business and Industry Director Dr. Kristopher Sanchez today announced the appointment of Ned Gaines as Acting Commissioner at…

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