The American Insurance Association (AIA) is speaking out against a state Supreme Court ruling in Florida that could lead to excessive litigation and attorneys’ fees, according to AIA. Ron Jackson...
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U.S. Reps. Ed Royce (R-CA) and Earl Blumenauer (D-OR) introduced legislation last week that seeks to limit the financial resources expended by National Flood Insurance Program (NFIP) on properties tha...
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Experts testified at a House subcommittee last week on how the Federal Reserve has departed from conventional monetary policy and how monetary policies can support economic growth going forward. ...
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Democrats on the Joint Economic Committee criticized the Republicans American Health Care Act, claiming the plan to establish health savings accounts (HSAs) will make it difficult for most non-wealthy...
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At a House subcommittee hearing last week, experts criticized a tax code provision that prohibits small businesses from using “cafeteria” style health plans that would allow them to save on insura...
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With millions of Americans set to receive tax refunds this spring, SunTrust is offering some tips on how to best manage an expected cash windfall, like a tax refund. According to a new SunTrust Ban...
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Federally insured credit unions saw growth across the board in 2016, according to the National Credit Union Administration. The three major indicators, loan growth, asset growth, and deposit growth...
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A bill that would put limits on Social Security Disability Insurance (SSDI) for those who are deemed able to return to work was introduced in the Senate by U.S. Sens. Marco Rubio (R-FL), Tom Cotton (R...
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U.S. Sens. Rob Portman (R-OH), Debbie Stabenow (D-MI), and Sherrod Brown (D-OH) introduced a bill that clarifies the domestic manufacturing tax deduction for U.S. manufacturers. The Promoting More ...
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U.S. Sens. Marco Rubio (R-FL), Chris Coons (D-DE), Debbie Stabenow (D-MI), and Bill Nelson (D-FL) introduced legislation that would ensure that individuals and corporations have access to bankruptcy c...
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The Federal Reserve’s decision this week to raise interest rates by 25 basis points to a range of 0.75 – 1.00 percent drew mixed reactions from federal lawmakers. “I want to be clear about wh...
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SIFMA sent a comment letter to the Department of Labor (DOL), urging it not to delay its proposed rule to extend the applicability date of its fiduciary rule by 60 days. "The delay must be impleme...
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National Association of Insurance Commissioners (NAIC) officials met with representatives from the Financial Services Agency of Japan (FSA) this week to discuss issues of mutual concern, including cro...
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According to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2017, mortgage applications for new home purchases were up 16 percent in February from the previo...
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ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of America (ICBA), is partnering with California-based linked2pay, to help community banks help their small business...
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The Federal Bureau of Investigation (FBI) is warning investors about binary options fraud, which resulted in hundreds of complaints and millions of dollars in losses in 2016. The FBI’s Internet C...
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Americans continue to lack confidence, experience and trust in planning for retirement, according to Capital One Investing's latest Financial Freedom Survey. The annual survey, which measures senti...
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At a roundtable discussion on financial technology (fintech) held last week, Bryan Schneider, secretary of the Illinois Department of Financial and Professional Regulation, discussed the challenges an...
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The Federal Deposit Insurance Corporation (FDIC) enhanced its Money Smart for Older Adults curriculum to help seniors and their caregivers avoid financial exploitation through fraud and scams. Mone...
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The U.S. Department of the Treasury hired four senior counselors to serve under recently confirmed Treasury Secretary Steven Mnuchin. "I am pleased to have these highly capable and accomplished ind...
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