On the Hill

House Passes Financial Services Cannabis Legislation

On Wednesday, the U.S. House of Representatives passed Big “I” supported legislation designed to protect banks, insurers and insurance agents from federal penalties if they provide financial services to cannabis-related businesses legalized at the state l

DOL Releases Final Overtime Rule

The final rule is a significant improvement from the overtime rule proposed during the Obama Administration but still presents compliance challenges for independent agencies and state associations.

Cannabis Safe Harbor Legislation Introduced in House

Last week, legislation was introduced in the U.S. House of Representatives to provide a comprehensive federal safe harbor for insurers and agents to protect them from criminal and civil liability when offering insurance coverage to state-legalized cannabi

DOL Adds Small Business Retirement Plan Options

The intent is to reach the 38 million private-sector employees without access to retirement plans through their employer by creating incentives and greater economies of scale for small businesses.