NCOIL Ducks Decision On Foreign Collateral

The National Conference of Insurance Legislators (NCOIL) last week tackled the topic of collateral requirements for foreign reinsurers again, and once more avoided action.

At their summer meeting last week in Newport, R.I., the lawmakers heard from panels of domestic and foreign-based company representatives on the merits of reducing the collateral non-U.S. companies must post to operate here.

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