STATE LEGAL SURVEY
State Legal Survey – Fiduciary Trust Account – January 2025
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Bungled Effort
Only state regulators could complicate an effort to simplify the regulation of surplus lines.
The New Fiduciaries
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.
Slippery States
As businesses increasingly integrate artificial intelligence into operations, inconsistent state rules pose risk and compliance challenges.