A rule overhaul proposed by the U.S. Treasury Department’s Financial Crimes Enforcement Network is designed to reduce compliance burden. would free up banks from tracking all but the most egregious illicit financial activities.

The Notice of Proposed Rule Making (NPRM), announced Tuesday, aims to lighten the compliance burden of financial institutions, an effort that reflects the goal of the Trump administration to reduce federal regulations on businesses generally. The NPRM focuses on anti-money laundering (AML) activities, which are required under the federal Bank Secrecy Act (BSA).

The commercial insurance industry is seeing the early stages of policy and contract wording updates and revisions relating to the rapidly expanding use of artificial intelligence.

The Insurance Services Office last year issued general liability exclusions for AI, while the first notices of affirmative coverage have started to emerge as insurers, brokers and others move toward clarifying the lines around insuring AI exposures.

The ISO exclusions took effect in January 2026 and include CG 40 47; CG 40 48; and CG 35 08 for commercial general liability policies.

OSHA is seeking to eliminate its November 2036 deadline for employers to install personal fall arrest or safety systems on certain fixed ladders.

A proposed rule/request for comments published April 6 asks for public input on whether to repeal or revise that requirement and continue allowing the use of cages or wells on ladders that extend more than 24 feet above a lower level.

The deadline was established in OSHA’s 2016 update to its standards on walking-working surfaces and fall protection for general industry, and was listed under 1910.28(b)(9)(i)(D).

The California Division of Occupational Safety and Health (“Cal/OSHA”) has issued a proposed regulation (Section 331.8. Representatives during the Inspection) that allows employees to designate a representative, including another employee, a third party, or the collective bargaining representative, during workplace safety inspections conducted by Cal/OSHA.

A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire.

Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about 58% higher on average—approximately $1,294 more per year—than similar homes in major wind risk areas, the next lower category.

Shep Tpasak is an expert insurance executive with extensive experience in underwriting and operations. In an interview with Insurance CIO Outlook, Tapasak highlighted the need to ensure consistency in strategic execution and emphasized balancing growth and profitability in a technical and competitive insurance market.

Corporate directors and officers are operating in a more complex environment than at any point in the past decade, and their insurers are working to keep up.

“Coverage is broadening,” says Mark Sutton, senior equity partner at Clyde & Co., a global law firm headquartered in London and known for its deep specialization in insurance, risk, and regulatory matters. “We’re slowly seeing D&O policies evolve to reflect a more complex regulatory environment, and underwriting discipline is tightening.”

Regulators, meanwhile, are stepping up their pursuit of corporate misconduct. Personal exposure for directors and officers has widened and, with rising legal costs and collective actions, D&O premiums are nudging upward. In some regions, the long trend of price decline shows signs of flattening, or in some instances even reversing.

In late March, OPM released its annual call letter, including 2027 policy goals and initiatives for FEHB and PSHB carriers. The theme for next year will be “well care,” defined as “expanding [OPM’s] vision for benefits with a stronger emphasis on the physical and mental wellness of the whole person.”

While specific details depend on how carriers implement these initiatives, we’ve identified several items you’ll want to keep track of for next year.