On July 16, 2026, the U.S. Securities and Exchange Commission (SEC) proposed Regulation E-Delivery, a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the federal securities laws. The proposal would establish requirements and conditions under which required regulatory information could be delivered electronically without first obtaining the recipient’s affirmative consent, superseding the SEC’s decades-old, guidance-based e-delivery framework while preserving investors’ ability to receive paper delivery upon request.

Read More FUNDamental QuickStudy: SEC Proposes New E-Delivery Approach to Modernize Delivery of Regulatory Information
  • The California Supreme Court unanimously held in Fox Paine & Company, LLC v. Twin City Fire Insurance Company that insureds may seek declaratory relief against excess insurers before underlying insurance is exhausted, provided the loss is reasonably likely to reach the excess layer.
  • An insured may also, under
… Read More California Supreme Court Allows Declaratory Relief and Bad Faith Claims to Proceed Against Excess Insurers Before Underlying Exhaustion

On August 1, 2026, the Pennsylvania Insurance Department (the Department) published an updated export list in the Pennsylvania Bulletin (the Export List). Under section 1604(2)(ii) of The Insurance Company Law of 1921 (40 P.S. § 991.1604(2)(ii)), the Insurance Commissioner declares the coverages on the Export List to be “generally unavailable…

Read More Pennsylvania Adds Cannabis Operations and AI Coverages to Its Export List

On July 17, 2026, the State of Hawaii Department of Commerce and Consumer Affairs Insurance Division issued Memorandum 2026-5PC (the Memorandum) titled “Hawaii Pet Insurance” to “All Insurers Issuing Pet Insurance Products.” The Memorandum states that effective January 1, 2026, under Hawaii Act 79 (the Act), “pet insurance is now…

Read More Hawaii Insurance Division Reclassifies Pet Insurance as Property Insurance

Please join us on our next InsurTech Legal Academy webinar for key topics addressing what InsurTechs need to know about U.S. payment laws in the everchanging payment systems environment. This webinar will include an overview of federal and state laws governing payment systems and insurance-related transactions – including real-time payment rails, Regulation E, Regulation Z, Nacha, OFAC, anti-money laundering, insurance premium trust accounts, insurance premium financing, credit/debit card convenience fees or surcharges, and state money transmitter licensing requirements. Speakers will include members of Troutman Pepper Locke’s consumer finance and insurance regulatory teams.

Read More Join Us for Our Next InsurTech Legal Academy Webinar: Regulation of Payments for InsurTechs

Background: The TCPA’s Private Right of Action for Unwanted Calls

Congress enacted the TCPA in 1991 to address the proliferation of unwanted telephone solicitations. The statute defines “telephone solicitation” as “the initiation of a telephone call or message for the purpose of encouraging the purchase or rental of, or investment in, property, goods, or services.” 47 U.S.C. § 227(a)(4) (emphasis added).

Read More Seventh Circuit Rules Text Messages Are Not “Telephone Calls” Under TCPA § 227(c)(5) — A Circuit Split Emerges

On July 1, 2026, the New York Department of Financial Services (the NYDFS) published Insurance Circular Letter No. 3 (the Letter) regarding “2026 Motor Vehicle Insurance Reforms.” The Letter, addressed to “All Insurers Authorized to Write Motor Vehicle Insurance in New York State, the New York Automobile Insurance Plan, and Rate Service Organizations” concerns changes to the New York Insurance Law, Penal Law, and Civil Practice Law and Rules (the CPLR) relating to motor vehicle insurance as a result of Chapters 55 and 58 of the Laws of 2026 being signed into law on May 27 and May 26, 2026, respectively. The overarching purpose of the amendments was to “address drivers of rising costs affecting motor vehicle insurance premiums, including fraudulent and abusive claims practices, and to ensure that insurers obtain prior approval before increasing motor vehicle insurance rates.”

Read More New York Department of Financial Services Informs Insurers of Motor Vehicle Insurance Reforms

Across every part of the insurance industry, our attorneys are at work and the recognition is following. This blog has featured updates about state rate filing overhauls and market conduct enforcement, surplus lines diligent-effort requirements and NRRA home state complexities, NAIC annuity illustration practices, captive structures for InsurTechs, and professional liability coverage decisions. Keeping pace with that range takes a legal team that can move between transactions, regulations, and disputes with ease and precision.

Read More Troutman Pepper Locke Earns Expanded Chambers USA Recognition for Insurance Transactional, Regulatory, and Litigation Work

On June 29, 2026, the House of Representatives passed H.R. 7128, “TRIA Program Reauthorization Act of 2026” (the Act). The Act concerns the Terrorism Risk Insurance Act of 2002 (TRIA), which was passed in the aftermath of the September 11, 2001, terrorist attacks. TRIA requires commercial property and casualty insurers…

Read More Congress Moves to Extend the Terrorism Risk Insurance Act Until 2034

On June 22, 2026, the Texas Department of Insurance (the Department) issued a news release (the Release) titled “TDI Prioritizes Transparency by Making Home and Auto Data Public.” The Release explains that the Department has “created resources to give Texans access to data the agency collects about home insurance…

Read More Texas Department of Insurance Unveils New Online Tools for Greater Department Transparency