Earlier this year, the New York Department of Financial Services promulgated a data security regulation that will take effect in stages over the next two years. The most immediate deadline is this upcoming Monday, Oct. 30.
The hearing primarily focused on international insurance issues, but also touched on topics related to the Federal Insurance Office.
Last week, the U.S. House of Representatives advanced a $36.5-billion disaster relief package that marks the second installment of aid since a series of natural disasters struck southeast Texas, Florida and Puerto Rico, among other areas.
Today, President Trump issued an executive order directing federal agencies to expand access to association health plans and instructing agencies to roll back federal restrictions on short-term health plans.
The White House released proposed changes to the NFIP that it would have liked to see included in a disaster aid package the U.S. House of Representatives is scheduled to vote on this week.
On Wednesday night, the Trump Administration sent a letter to Congress requesting emergency hurricane relief funds and outlining substantial NFIP reforms.
In September, the Financial Stability Oversight Council, three bipartisan state insurance regulation bills and an insurance agreement between the U.S. and the European Union were all front and center on Capitol Hill.
A new summary of proposed flood insurance reform legislation includes a provision that would cap compensation for WYOs at 25%.
Sen. Heller is at the center of many Big “I” priorities on Capitol Hill, including efforts to reauthorize the NFIP, reform the tax code, repeal and replace the Affordable Care Act, and more.
Shortly after President Trump’s inauguration, the White House released a memo asking all executive agencies to freeze pending regulations so the new Administration has time to review them. President Trump also signed an executive order to roll back parts