A related provision would help protect insurers from liability if federal investigators ask the company to keep a suspicious account open to avoid making potential criminals aware of an investigation. <i>(Credit: Diego M. Radzinschi/ALM)</i> A related provision would help protect insurers from liability if federal investigators ask the company to keep a suspicious account open to avoid making potential criminals aware of an investigation. (Credit: Diego M. Radzinschi/ALM)

In its giant military spending package, Congress indicated it wants to exempt insurers and insurance producers from proposed anti-money-laundering reporting requirements.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.