After more than a year studying a surge of intricate financial deals in the life insurance industry, regulators said Thursday that they had found transactions that could “give the industry a black eye,” but could not agree on what to do about them. “There are some transactions out there that we’re not comfortable with, and [...]

Under rules proposed by the service, some working-class families would be unable to afford family coverage offered by their employers, and yet they would not qualify for subsidies provided by the law. The fight revolves around how to define “affordable” under provisions of the law that are ambiguous. The definition could have huge practical consequences, [...]