News & Analysis as of

State and Local Government Disclosure Requirements Insurance Industry

Polsinelli

New Reporting Requirements for TPAs, PBMs and Insurers in Indiana

Polsinelli on

Key Takeaways: Beginning July 1, 2025, PBMs, TPAs and insurers in Indiana must annually report certain ownership information to the Indiana Insurance Department....more

Pullman & Comley, LLC

The Impact of Natural Disasters on Municipal Financing and Disclosure

Pullman & Comley, LLC on

The wildfires in Southern California earlier this year were another sobering reminder of the devastating impact of natural disasters on local communities, and Connecticut is certainly not immune....more

Clark Hill PLC

New York Enacts Parametric Insurance Law

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On Dec. 13, 2024, New York Governor Kathy Hochul signed a bill integrating parametric insurance into the state’s existing legal framework for insurance products under the New York Insurance Law (“NYIL”). Assembly Bill A10344...more

Weber Gallagher Simpson Stapleton Fires &...

New York State Amends Insurance Disclosure Rule

On December 31, 2021, New York Governor Kathy Hochul signed the Comprehensive Insurance Disclosure Act (Senate Bill S7052). This new law amends Civil Practice Law and Rules (CPLR) Section 3101(f) to require that within sixty...more

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

Texas Implementation of Corporate Governance Annual Disclosure

In 2019, Texas enacted the corporate governance annual disclosure (“CGAD”) annual filing requirement for all Texas domestic insurers and HMOs. CGAD requires disclosure by insurers or insurance groups about the corporate...more

Carlton Fields

State Suitability, Fiduciary Duty and Disclosure Initiatives Roundup

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States are stampeding to impose additional duties on those who provide financial advice or make recommendations to consumers. Some of these initiatives result from the states’ belief that action is required to wrangle...more

Carlton Fields

Investment Adviser Fee Table on the Table

Carlton Fields on

On February 7, the Massachusetts Securities Division asked for public comment on a fee table requirement for Massachusetts-registered investment advisers....more

Cozen O'Connor

The Ascent Of State Attorneys General As Quasi-Policymakers

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Casual observers understand the important and dynamic role that State Attorneys General (“AGs”) play across the country, whether that role is actively enforcing their state’s laws, challenging the federal government, or...more

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