Business of Insurance Regulatory Reform Act of 2025

This bill amends the Consumer Financial Protection Act of 2010 to clarify and limit the authority of the Consumer Financial Protection Bureau (CFPB) regarding entities overseen by state insurance regulators. It specifies that the CFPB may not enforce the Act against such persons to the extent they are engaged in the business of insurance , even if they offer consumer financial products or services. Furthermore, for persons regulated by a state insurance regulator, the CFPB's authority to enforce enumerated consumer laws or transferred laws must be narrowly construed when the person is engaged in the business of insurance. The bill also establishes a rule of construction, requiring that the enforcement of the Consumer Financial Protection Act be broadly construed in favor of the authority of a State insurance regulator with respect to regulated persons.