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Deregulation Regulatory Reform Insurance Industry

McDermott Will & Emery

Florida Set to Repeal Diligent Search for Surplus Lines Policies

McDermott Will & Emery on

On May 2, 2025, the Florida Senate voted to pass Senate Bill (SB) 1549, which would repeal the requirement for insurance producers to perform a diligent search of the admitted market before placing Florida risks with a...more

Carlton Fields

Will New Administration Speed VA Summary Prospectus?

Carlton Fields on

President Trump’s nominee for SEC Chairman, Jay Clayton, could speed authorization of the variable annuity (VA) summary prospectus and related layered disclosure and shortened underlying fund report to shareholders. Doing so...more

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