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Pennsylvania Insurance Department - No Surprises Act Information
The Pennsylvania Insurance Department provides information regarding the No Surprises Act, offering consumers resources to submit review requests for unexpected medical bills and understand their rights regarding surprise medical billing.
NCCI Loss Costs Accepted with 3.8% Decrease for Workers' Compensation
The Texas Department of Insurance (TDI) has accepted the NCCI advisory loss cost filing, resulting in an average 3.8% decrease for workers' compensation insurance, effective July 1, 2026. Insurance companies writing workers' compensation in Texas must submit rate filings by June 1, 2026, using the new loss costs.
Block, Inc. Consent Order with NY DFS
The New York State Department of Financial Services (DFS) has entered into a consent order with Block, Inc. (formerly Square, Inc.) resolving an enforcement investigation into deficiencies in its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) program and violations of consumer protection regulations. Block will pay a penalty to resolve these matters.
NY DFS Consent Order to Roach & Murtha
The New York State Department of Financial Services (DFS) issued a consent order to Roach & Murtha, Attorneys at Law, P.C. The order addresses violations of the Fair Debt Collection Practices Act (FDCPA) related to debt collection practices between January 1, 2018, and December 31, 2022. The firm failed to conduct meaningful attorney review, used deceptive representations, and employed unfair means to collect consumer debts.
Wise US Inc. Consent Order with Multiple States
Wise US Inc. has entered into a Consent Order with six states (California, Minnesota, Nebraska, New York, Texas, and Massachusetts) following a multi-state examination. The examination identified deficiencies in Wise's Bank Secrecy Act/Anti-Money Laundering/Countering the Financing of Terrorism (BSA/AML/CFT) program, including issues with independent reviews, suspicious activity reporting, and transaction monitoring.
NY DFS Consent Order to Paxos Trust Company
The New York State Department of Financial Services (DFS) issued a consent order to Paxos Trust Company, LLC. The order resolves findings that Paxos failed to conduct proper due diligence on Binance and maintain effective anti-money laundering programs, as required by a 2020 letter agreement.
Healthplex Inc. Consent Order with NY DFS
The New York State Department of Financial Services (DFS) issued a consent order against Healthplex, Inc. for violations of the state's Cybersecurity Regulation. Healthplex will pay a penalty and must implement corrective actions to comply with data protection and multi-factor authentication requirements.
American Integrity Insurance Company Consent Order
The Florida Office of Insurance Regulation has issued a consent order regarding American Integrity Insurance Company's proposal to assume selected commercial lines policies from Citizens Property Insurance Corporation. The order outlines conditions for the assumption, including comparable coverage and premium limitations, with an expected assumption date of May 19, 2026.
EIOPA Final Report on Draft Recovery Plan Standards for Insurers
EIOPA has published its final report on draft Regulatory Technical Standards (RTS) for pre-emptive recovery plans for insurers. The standards specify minimum elements for recovery plans, aiming to ensure insurers can restore their financial position during significant deterioration. The publication date was February 16, 2026.
EIOPA Guidelines on Resolvability Impediments and Measures
The European Insurance and Occupational Pensions Authority (EIOPA) has published final guidelines detailing alternative measures for resolution authorities to address impediments to the resolvability of insurance and reinsurance undertakings. These guidelines specify further details on measures listed in the IRRD and the circumstances for their application.
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