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While final details remain to be put in place, the nation’s state insurance regulators–after nearly a decade of study and debate–have adopted a “conceptual framework” to modify the 100 percent collateral requirement for foreign reinsurers.

After the action by the National Association of Insurance Commissioners last week here at its winter meeting, at least one insurer group–the American Insurance Association–vowed to fight against implementation at the state and federal level.

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