On February 24, 2026, the National Association of Insurance Commissioners’ Life Insurance and Annuities Illustrations Working Group made its debut appearance. As a prelude, Ben Slutsker, director of life actuarial valuation...more
Just before the October federal government shutdown, the SEC staff issued a no-action letter providing some clarity as to when a state-regulated banking or trust institution can serve as a “qualified custodian” under the...more
1/27/2026
/ Banks ,
Cryptoassets ,
Cryptocurrency ,
Custody ,
Digital Assets ,
Financial Institutions ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
New Guidance ,
No-Action Letters ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
At the National Association of Insurance Commissioners (NAIC) Fall National Meeting, new updates and activities from various NAIC groups stepped up to the main stage.
Here are the headliners for life insurance and...more
1/13/2026
/ Annuities ,
Artificial Intelligence ,
Big Data ,
Insurance Industry ,
Insurance Regulations ,
Life Insurance ,
NAIC ,
New Guidance ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management
At the beginning of July, SEC Chair Paul Atkins painted a picture: tokenization was the “next step” in the evolution of securities. Generally, tokenization entails creating a digital representation of a real-world asset —...more
9/3/2025
/ 401k ,
Blockchain ,
Cryptoassets ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
FinTech ,
Investment ,
Life Insurance ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization ,
Trump Administration
After taking a brief hiatus since the 2024 Fall National Meeting, the National Association of Insurance Commissioners’ Third-Party Data and Models (H) Working Group began shaping its focus. Based on a regulatory survey of...more
On August 7, 2025, the National Association of Insurance Commissioners’ Annuity Suitability (A) Working Group released draft safe harbor regulatory guidance that paints a clearer picture of how insurers should oversee third...more
8/27/2025
/ Annuities ,
Best Practices ,
Comment Period ,
Compliance Monitoring ,
Draft Guidance ,
Insurance Regulations ,
NAIC ,
Regulatory Oversight ,
Regulatory Requirements ,
Third-Party Risk ,
Working Groups
Since the Spring National Meeting, the National Association of Insurance Commissioners’ Big Data and Artificial Intelligence (H) Working Group has been conceptualizing new tools for regulators and exploring whether and to...more
8/25/2025
/ Algorithms ,
Artificial Intelligence ,
Big Data ,
Innovative Technology ,
Insurance Regulations ,
Popular ,
Proposed Legislation ,
Regulatory Oversight ,
Request For Information ,
Risk Management ,
Working Groups
On August 7, 2025, the National Association of Insurance Commissioners’ Annuity Suitability (A) Working Group issued draft safe harbor regulatory guidance with a comment period that ends on September 22, 2025. The draft...more
8/11/2025
/ Annuities ,
Broker-Dealer ,
Comment Period ,
Compensation & Benefits ,
Compliance Monitoring ,
Draft Guidance ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Insurance Regulations ,
Investment Adviser ,
NAIC ,
Regulatory Agenda ,
Regulatory Oversight ,
Working Groups