The National Association of Insurance Commissioners, comprised of U.S. state insurance regulators, issued a policy bulletin calling for insurers to set governance and risk principles for the use of AI, and take responsibility for third-party data and systems.

Three GOP leaders of the House Financial Services Committee, including Chairman Patrick McHenry, say they'll explore possible connections between the agency's alleged "toxic" work culture and its staffing shortages that may have contributed to this year's banking crisis.

Frequent federal budget impasses increase insurance concerns and threaten to jack up financing costs that are already straining lenders.

The bombshell investigation into pervasive sexual misconduct at the Federal Deposit Insurance Corp. has spurred some senators to call for FDIC Chair Martin Gruenberg's resignation. If he can't right the ship, then he should step aside.

Licensing regulations vary by jurisdiction and managing compliance can be a complex issue.

The FDIC launched a campaign Wednesday to educate the public about the importance of deposit insurance, a move designed to counter lingering concerns arising from this spring's bank failures and the resurgence of imitation banks.

The indictment of Sen. Bob Menendez, D-N.J., is inconvenient for some Democratic priorities, but unlikely to impact a cannabis banking bill up for debate in the Senate Banking Committee.

HUB International's compliance officers reveal how AI is impacting the HR space and how companies can respond.

Federal Reserve Board Gov. Lisa Cook said artificial intelligence holds great promise for the economy, but stressed the importance of human choice in decision making, both financial and otherwise.

Some worry the proposed regulations could make it more difficult for small and midsized businesses to obtain coverage in case of disaster.