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By Louie Castoria |
June 1, 2011
By the time this column is printed, surplus line insurers and brokers will have roughly 45 days to adjust to the biggest change to impact their business in generations. The Non-admitted and Reinsurance Reform Act (NRRA) will stand many long-held assumptions on their heads. Surplus line brokers, corporate risk managers...
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By Arthur D. Postal, PropertyCasualty360.com |
November 22, 2010
Implementation of the federal law streamlining multistate taxation and regulation of business placed in the E&S market is rapidly morphing into an intense confrontation between industry representatives and state regulators.
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By Arthur D. Postal, PropertyCasualty360.com |
November 16, 2010
The Property Casualty Insurers Association of America said the model law proposed by a state regulatory task force to implement the surplus lines modernization law does not support the intent of the federal law.
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By Arthur D. Postal, PropertyCasualty360.com |
November 15, 2010
The battle with state insurance regulators over implementation of the surplus lines modernization law has begun as several insurance trade groups voiced strong objections to the National Association of Insurance Commissioners' proposal.
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By Staff Writer |
July 19, 2010
I just got back from a vacation in Las Vegas, and even though I am not a big gambler, it's hard to forget the sights and sounds of the casinos.
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By Staff Writer |
July 13, 2010
I just got back from a vacation in Las Vegas, and even though I am not a big gambler, it’s hard to forget the sights ...
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By Arthur D. Postal, PropertyCasualty360.com |
July 5, 2010
Financial services regulatory reform legislation establishing a Federal Insurance Office with limited authority was passed last week by the House of Representatives, setting the stage for Senate action after the July 4 recess.
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By Arthur D. Postal, PropertyCasualty360.com |
July 1, 2010
The House took an important step toward reforming financial services industry regulation last night, passing legislation that would for the first time establish a federal office designed to deal with insurance activities.
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By Arthur D. Postal, PropertyCasualty360.com |
July 1, 2010
The House passed legislation that would for the first time establish a federal office designed to deal with insurance activities.
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By Arthur D. Postal, PropertyCasualty360.com |
June 28, 2010
The Treasury Department's authority to conclude bilateral trade agreements on insurance with foreign countries will be considerably watered down.