Impact of the New Federal Financial Regulatory Reform Law on Risk Managers and Insurance Brokers

By SNR Denton On July 21, 2010, after several weeks of deliberations in the Senate and the House of Representatives, President Obama signed HR 4173, the Dodd-Frank Wall Street Reform and Consumer Protection Act. Of greatest importance to risk managers and their brokers, HR 4173: (1) creates...

Federal Risk Retention Group Legislation Could Effect Dramatic Changes

By Richard J. Fidei, Partner, Colodny, Fass, Talenfeld, Karlinsky & Abate Pending before the U.S. House of Representatives, House Resolution 4802 would dramatically expand the coverage authority of risk retention groups. Also known as the “Risk Retention Modernization Act of 2010 (‘Act’...