Topic
insurance-regulation
4 stories related to this topic, newest first.
politics52 days ago
Federal Court Issues Split Ruling in Texas Tax Case
A federal court in Texas issued a split decision in an April case involving a company and the IRS. The ruling addressed tax treatment of micro-captive insurance arrangements used by some small businesses.
espn.comworld60 days ago
Todd Boehly and Associates Donated Over $300,000 to Kansas Insurance Commissioner’s Campaign
Todd Boehly and dozens of his associates contributed more than $300,000 to the Kansas insurance commissioner’s gubernatorial campaign. The donations occurred weeks before the commissioner’s office helped one of Boehly’s companies secure a delay in new capital rules. The sequence…
Bloombergworld67 days ago
Treasury Secretary Bessent Meets With Insurance Regulators on Private Credit Exposure
U.S. Treasury Secretary Scott Bessent met with state insurance regulators to discuss the insurance industry's exposure to private credit. The meeting addressed potential risks in the growing private credit market. Officials reviewed how these investments could affect insurers' fi…
The Boston Globefinance97 days ago
Rhode Island Legislators Introduce Bill to Restrict Insurers' Fossil Fuel Investments
Two Rhode Island state legislators have introduced the Rhode Island Insurance Market Protection Act to limit insurance companies' investments in new fossil fuel projects and phase out existing ones by 2035. The bill responds to rising home insurance premiums and policy cancellati…