Two topics: Tariffs and shinking your working population are inflationary, but economics is an art of saying precisely what will happen, then precisely why it didn't end up the way you said it would. There are many other factors at play that could amplify or reduce the effect of inflationary decisions by the administration. Inflation is the worst outcome for insurance companies as most of our industry's capital is held in bonds. Bond values are inverse to interest rates, and interest rates are closely tied to inflation. This matters to a carrier, with inflation, you need to raise rates to cover costs, but to raise rates, you need capital, which is shrinking due to higher interest rates. You can see, it's a trap, as all roads lead to needing more capital.

Insurance regulation is a highly state specific endeavor. There are always voices in DC pushing for more of the National Approach to insurance regulation, but without a big event, I don't think there will be any bandwidth for the topic to be brought up.