Legal Counsel Working Group Meeting Recap November 2023

This recap highlights key discussions from the Fall 2023 Legal Counsel Working Group meeting, where legal, compliance, and government affairs professionals explored emerging legislative, regulatory, and legal developments affecting the insurance industry. Topics included mental health parity, pharmacy benefit manager (PBM) regulation, prescription drug transparency requirements, employer reporting, the Department of Labor fiduciary rule, producer licensing, surplus lines compliance, data privacy, ESG reporting, artificial intelligence, NAIC and NCOIL initiatives, and federal insurance policy developments. The meeting also featured updates from the Federal Insurance Office (FIO) on cybersecurity, climate risk, DEI, and international insurance regulation.