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Earlier this week, the U.S. Senate voted 52-48 along party lines to begin debate on tax reform legislation. Senate Republican leaders are hopeful they will be able to pass the legislation before the end of the week.

The changes include a new certification date, and will allow farmers to choose a unit structure based on their risk management needs. Farmers must meet conservation compliance standards to receive Federal Crop Insurance Program subsidies and purchase adeq

While the fiduciary rule remains the law of the land, the Department of Labor this week confirmed an 18-month delay for key portions of the rule—creating more time for the DOL to make anticipated changes.

For 2019, the U.S. Department of Health and Human Services announced plans to make the Medical Loss Ratio adjustment process less burdensome on states, and enable states to develop innovative solutions for stabilizing the individual markets.

The centerpiece of both the U.S. House of Representatives and Senate tax reform bills is a large cut to the corporate tax rate.

This week, the U.S. House of Representatives passed a bill that reauthorizes the NFIP for five years and makes several reforms to the program.

At press time, the U.S. House of Representatives Committee on Ways and Means was expected to pass legislation that would make major changes to the nation’s tax laws, and the full House could vote on it as early as next week.

Earlier today, Republicans in the U.S. House of Representatives released the text of their much-anticipated tax reform proposal, which echoes previous frameworks by the Trump Administration and Congress.

The report is generally supportive of state insurance regulation, noting that in most cases, the business of insurance is local in nature and a national one-size-fits all regulation approach is not appropriate.

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.