Last updated: August 2026
A state-by-state survey of insurance producer fiduciary responsibilities, trust account requirements, fund segregation rules, recordkeeping obligations, and penalties for noncompliance.
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States are testing the waters on adding health insurance roles to their list of fiduciaries, including producers and employee benefits consultants. This approach has several problems.

Q&A with Michael Bondar, Principal, Deloitte Risk & Financial Advisory, and Leader, U.S. Enterprise Trust; and Kate Graeff, VP for Enterprise Trust, Deloitte Risk & Financial Advisory