News and information for insurance company (carrier) executives on compliance issues, including court rulings, new statutes & laws and other factors that influence how organizations remain compliant with authorities at both the state and federal level.
The California Earthquake Authority last week turned to the capital markets and tapped a new special-purpose vehicle to securitize its risk, a move which is credit-negative for the reinsurance industry, according to Moody’s Investors Service.
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