On September 10, 2026, Senator Elizabeth Warren, ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the National Association of Insurance Commissioners (NAIC) that included an extensive list of questions targeted toward assessing state insurance regulators’ efforts to address risks arising from the growing ties between private investment firms and insurance companies. The stated goal of the letter was to obtain information to assess what actions both state and federal regulators must take to ensure that American families are protected. On September 24, 2026, the NAIC responded with a comprehensive 22-page letter defending the state-based regulatory framework and surveying the various efforts underway to strengthen oversight of complex investments and asset structures.

On September 21, 2026, Michigan signed into law Senate Bill 1013 (the Bill), which amends the Michigan Insurance Code by adding Section 2027a to prohibit the use of price optimization in property and casualty insurance ratemaking. The Bill took immediate effect upon signing.

Troutman Pepper Locke is proud to host the Insurance Forum Foundation: 2026 Insurance Forum on October 22 in Chicago. Paige Waters will moderate a panel discussing key topics in the insurance industry.

NEW YORK – Yuliya Feldman has joined Troutman Pepper Locke as a partner in the firm’s Insurance Transactional and Regulatory Practice Group in New York. She brings deep experience in strategic transactions, regulatory compliance, and reinsurance to one of the nation’s most recognized insurance practices.

On September 2, 2026, the Texas Department of Insurance (TDI) issued Commissioner’s Bulletin # B-0007-26 (the Bulletin), addressed to all insurance companies and their agents and representatives, regarding the use of price optimization in ratemaking and pricing. The Bulletin defines price optimization, identifies the statutory provisions it implicates, and states TDI’s position that any use of price optimization in the ratemaking or pricing process is unfairly discriminatory and violates the Texas Insurance Code.  

CHICAGO – Baird Allis, former vice president and associate general counsel at Kemper Corporation, has rejoined Troutman Pepper Locke as a partner in the firm’s Insurance Transactional and Regulatory Practice Group in Chicago.

On August 12, 2026, New Hampshire Insurance Commissioner David J. Bettencourt issued Bulletin Docket No. INS 26-052-AB (the Bulletin), directed to all “personal lines automobile insurers” operating in the state. The Bulletin addresses the New Hamshire Insurance Department’s (the NHID) interpretation and enforcement of N.H. Rev. Stat. Ann. § 417-A:5 as it relates to policy termination notices issued following an insured’s failure to make a renewal premium payment by its due date.

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.