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Insurance Regulatory & Compliance

Overview

Data privacy issues. Suitability standards. Group capital determinations. Relentless change in regulation — further accelerated by emerging technologies and business trends — makes this a dizzying time for the insurance community. Faegre Drinker is on top of it. Our professionals help clients keep pace with change, ensuring that compliance, regulatory and risk management programs reflect the shifts and realignments necessary to avoid problems and remain competitive. We offer insightful counsel on the issues that impact how insurers are regulated, such as insurance product design, distribution and compliance. We also assist in responding to inquiries and formal investigations by state insurance departments and maintain significant engagements with the National Association of Insurance Commissioners (NAIC) and other standards-setting, regulatory and trade organizations. And our deep involvement in related disciplines, including insurance marketing, sales and communications practices as well as insurance licensing and expansion of authority, gives us a better grasp on matters and the ability to advise confidently on the practical applications of insurance regulation — always thoughtfully tailored to your needs and overall business goals.

Insights & Events

Latest

Speaking Engagement Recap October 21, 2025

2025 IAIR Technical Development Series Workshop

1 min read
Speaking Engagement Recap October 21, 2025

Former Commissioner’s Panel – Focusing on Policyholders

2025 IAIR Technical Development Series Workshop
1 min read
Updates September 2025

Fate of Colorado’s Artificial Intelligence Act & More Developments

Artificial Intelligence Briefing
5 min read
Updates September 2025

Colorado Division of Insurance Expands AI-Related Governance and Risk Management Obligations for Insurers

Interim compliance progress report due by December 1, 2025; Compliance with Amended Regulation (and compliance report) due by July 1, 2026
6 min read
Updates August 2025

Regulatory Roundabout: UK Insights from the Heart of U.S. State Insurance Law

A Q&A Session Between Insurance Partners
3 min read
Updates August 2025

CPPA Approves Regulations on Automated Decisionmaking Technology, Risk Assessments, Cybersecurity Audits and More

What These Changes Mean for Business
7 min read
Updates August 2025

‘America’s AI Action Plan’ and More Developments for the Tech, Financial Services, Insurance and Health Care Sectors

Artificial Intelligence Briefing
8 min read
July 30, 2025

Life Insurance Anti-Fraud Training

1 min read
Press Release January 2025

Faegre Drinker Holds Steadfast in London Growth, Brings on Financial Services Regulatory Partner Steven Francis

2 min read
Press Release September 2024

Faegre Drinker Expands New York Litigation Practice With Former EDNY National Security Deputy Chief Craig Heeren

3 min read
Insights
Updates September 2025

Fate of Colorado’s Artificial Intelligence Act & More Developments

Artificial Intelligence Briefing
5 min read
Updates September 2025

Colorado Division of Insurance Expands AI-Related Governance and Risk Management Obligations for Insurers

Interim compliance progress report due by December 1, 2025; Compliance with Amended Regulation (and compliance report) due by July 1, 2026
6 min read
Updates August 2025

Regulatory Roundabout: UK Insights from the Heart of U.S. State Insurance Law

A Q&A Session Between Insurance Partners
3 min read
Updates August 2025

CPPA Approves Regulations on Automated Decisionmaking Technology, Risk Assessments, Cybersecurity Audits and More

What These Changes Mean for Business
7 min read
Updates August 2025

‘America’s AI Action Plan’ and More Developments for the Tech, Financial Services, Insurance and Health Care Sectors

Artificial Intelligence Briefing
8 min read
Media Mentions July 2025

Steven Francis Discusses New FCA Developments With Commercial Dispute Resolution

2 min read
Updates July 2025

Federal Agencies Announce Non-enforcement of 2024 Mental Health Parity Regulations

DOL, HHS and IRS Will Not Enforce Certain Nonquantitative Treatment Limitation Rules
4 min read
Updates July 2025

NAIC Amends Its Model Unfair Trade Practices Act

A Significant Development for Long-Term Care Insurers
3 min read
Updates June 2025

Insurance Regulatory Considerations for Prescription Drug Cost-Management Programs

The Consequences of Engaging in the Unlicensed Business of Insurance Can Be Severe
6 min read
Updates June 2025

Federal Moratorium on State AI Regulation vs. the Latest Regulations From the States; and More

Artificial Intelligence Briefing
9 min read

Meet The Team

Meet The Full Insurance Regulatory & Compliance Team