S.2419

Business of Insurance Regulatory Reform Act of 2025 clarifies Bureau of Consumer Financial Protection authority over persons regulated by State.

The Business of Insurance Regulatory Reform Act of 2025 amends the Consumer Financial Protection Act of 2010 to clarify the authority of the Bureau of Consumer Financial Protection. Specifically, it limits the Bureau's enforcement actions against entities regulated by State insurance regulators when those entities are engaged in the business of insurance. The Act also mandates that enforcement of the Act be broadly construed in favor of State insurance regulators.