State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Rhode Island Lawmakers Introduce Auto-IRA Bill
By John ManganaroThe Secure Choice bill would pair a mandate to offer retirement plans with a state-run option.
June 03, 2024
Genworth Appeals LTCI Rate Ruling in MassachusettsBay State officials questioned the insurer's customer communications and premium needs analysis.
May 31, 2024
Annuities' Non-U.S. Reinsurers May Face New TestsSome fear that offshore reinsurance arrangements could hollow out the assets supporting the benefits.
May 28, 2024
South Carolina Adopts Insurance Rules Protecting Living Organ DonorsSimilar bills pending in Congress have strong bipartisan support.
May 24, 2024
Debate: Do State Auto-IRA Programs Benefit Taxpayers?One take: These accounts are no substitute for a federal mandate for businesses to offer reirement plans.
May 22, 2024
Connecticut Puts Phoenix Life and Annuity Issuer in RehabThe move will limit the amount of cash life and annuity customers can get from sources backed by PHL's own assets.
May 22, 2024
Massachusetts Risks $1B in Lost Tax Revenue as Rich FleeThe state recently enacted a 4% surcharge on income over $1 million, which generated about $1.8 billion in revenue over nine months.
May 21, 2024
Louisiana Moves to Adopt NAIC's Annuity Suitability UpdateOne question is what adoption will mean in light of the new DOL fiduciary rule requirements.