The Holding Company System Amendment Act of 2025 seeks to enhance the regulatory framework for insurance holding companies by amending the Holding Company System Act of 1993. Key updates include the introduction of new definitions for group capital calculations and liquidity stress tests, as well as requirements for insurers to file annual results with the lead state commissioner. The bill grants the Commissioner increased authority over third parties when an insurer is in a hazardous financial condition or under receivership, and it emphasizes the confidentiality of sensitive information related to these calculations and tests.

Furthermore, the bill establishes provisions for written agreements between the Commissioner and the National Association of Insurance Commissioners (NAIC) or designated third-party consultants to ensure the confidentiality of shared information. It prohibits insurers and brokers from publicly disseminating information regarding group capital calculations and liquidity stress test results, while allowing them to address materially false statements under certain conditions. Overall, these amendments aim to bolster the Department of Insurance, Securities and Banking's (DISB) regulatory capabilities, ensuring the solvency of insurance companies and protecting consumer interests.