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FinCEN Proposes Overhaul to AML/CFT Rules, Pushing Truly Risk‑Based Compliance

US| The Financial Crimes Enforcement Network (FinCEN) proposes reform that would modernize and harmonize FinCEN’s anti-money laundering and countering the financing of terrorism (AMLCFT) program rules across covered financial institutions by codifying a risk-based, effectiveness-focused program standard, expressly tying AMLCFT programs to FinCEN’s national AMLCFT priorities, and clarifying supervisory and enforcement expectations so that institutions […]

Staying on California’s LASLI in 2026: What Nonadmitted Insurers Must File and When

CA| The Surplus Lines Association of California issues 2026 Filing Requirements Guide from explains the application, renewal, and update filing requirements for nonadmitted foreign and alien insurers seeking to be added to or remain on California’s List of Approved Surplus Line Insurers (LASLI), including financial stability standards (e.g., minimum capital and surplus, acceptable assets, alien […]

Maryland Bans Health Insurance “Downcoding”: New Bulletin Clarifies Prompt Payment Rules

MD| The Maryland Insurancee Administration Bulletin 2026-9 reiterates that Maryland law prohibits third party payors from “downcoding,” meaning they may not unilaterally change a provider’s submitted service code and pay a lower level based on their own assessment before obtaining necessary supporting information from the provider. Instead, after receiving a claim, a payor may only […]

Colorado Insurers Now Required to Give Annual Wildfire Risk and Mitigation Discount Notices

CO| Bulletin No. B-5.56 from the Colorado Division of Insurance provides guidance to all property insurers, including the FAIR Plan, on the requirement in § 10-4-124, C.R.S., to give applicants and policyholders an annual, plain-language written notice disclosing their property’s wildfire risk score or classification, the insurer’s wildfire risk score range, available wildfire mitigation discounts, […]

New Colorado Rule: Insurers Must Disclose Wildfire Risk Score, Mitigation Discounts, and Appeal Rights Each Year.

CO| Colorado REVISED Bulletin No. B-5.56, provides guidance to property insurers, including the FAIR Plan, on complying with § 10-4-124, C.R.S., by requiring them to give applicants (at application) and policyholders (annually) a plain-language written notice disclosing the property’s wildfire risk score or classification, the insurer’s wildfire risk score range, any available mitigation discounts, and […]

Colorado Issues Emergency Regulation Requiring Standardized Gold, Silver, and Bronze Colorado Option Plans for 2027

CO| The Colorado Division of Insurance Emergency Regulation 26-E-01 sets the required 2027 Colorado Option standardized bronze, silver (including CSR variants), and gold health benefit plan designs for all carriers in the individual and small group markets, specifying detailed coverage, cost-sharing, filing, and consumer-facing requirements, and making them effective April 6, 2026. Key Points: Click […]

New Hampshire Issues 2027 Plan Year Guidance for All Health & Dental Issuers

NH| Bulletin #INS 26-019-AB from the New Hampshire Insurance Department provides 2027 plan year guidance for all licensed medical and dental issuers, including QHP and non-QHP products, outlining legal authority, cost-sharing limits, network adequacy expectations, MHPAEA quantitative treatment limit reporting, No Surprises Act and state ground ambulance balance billing compliance, and substance use disorder attestation […]