Business of Insurance Regulatory Reform Act of 2025

This bill limits when the Consumer Financial Protection Bureau (CFPB) can step in on matters involving insurance. If a company or person is already regulated by a state insurance department, the CFPB generally can’t enforce its rules while that person is doing the “business of insurance.” Even when other consumer laws might apply, the CFPB’s power would be read narrowly. The bill also says enforcement should favor state insurance regulators for people they oversee .

In everyday terms, this puts state insurance regulators in the driver’s seat for most insurance-related issues, and reduces the chance of overlapping or duplicate enforcement by the CFPB against insurers and agents .

• Who is affected: Insurance companies, agents, and brokers regulated by state insurance departments; consumers who buy insurance.
• What changes: State insurance regulators take the lead. The CFPB’s enforcement is limited or narrowly applied when the activity is part of the business of insurance .
• When: Not specified in the text provided .