NU Online News Service, Aug. 12, 3:14 p.m. EDT

BURLINGTON, Vt.—After re-emphasizing that Standard & Poor's rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance industry, Robert Hartwig, president of the Insurance Information Institute, says there are some underlying economic conditions today that need to be looked at.

"What in the World is Going On?" was the theme of his talk given during the Vermont Captive Insurance Association's 26th annual conference.

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