News & Analysis as of

Insurance Regulations Rulemaking Process

Carlton Fields

Unsafe Harbor? Deregulation and the Limit of the Secure Act Safe Harbor for Selection of Lifetime Income Provider

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On January 31, 2025, President Trump signed Executive Order 14192, titled“ Unleashing Prosperity Through Deregulation.” Its stated purpose was to encourage the reduction of private expenditure required to comply with federal...more

Carlton Fields

NAIC Privacy Working Group Goes All-in on New Draft Privacy Model

Carlton Fields on

The National Association of Insurance Commissioners’ Privacy Working Group has been feverishly shuffling and re-dealing its new privacy model, but its luck may be running out....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Washington State Opens Rule Making Process for Increasing Allowable Amount for Risk Reduction Goods and Services

The Washington State Office of the Insurance Commissioner announced it would start a rule making process for increasing allowable amount for risk reduction goods and services in the State of Washington. The insurance industry...more

Carlton Fields

Proposed Revisions to ASOP 2 May Impact Your Product Pricing and Litigation Exposure

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The Actuarial Standards Board (ASB) exposed wholesale changes to Actuarial Standard of Practice No. 2 - Nonguaranteed Charges or Benefits for Life Insurance Policies and Annuity Contracts (ASOP 2), which has not changed since...more

Hogan Lovells

Federal Reserve previews forthcoming insurance capital rules

Hogan Lovells on

In prepared remarks before the American Council of Life Insurer's Executive Roundtable (Naples, Florida, 9 January 2019), Federal Reserve Board (FRB) Vice Chairman for Supervision Randal Quarles provided the insurance...more

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