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Foley & Lardner: Congress Imposes New Rules for Taxation and Regulation of Surplus Lines Insurers

By Mary Kay Martire, Partner, Foley & Lardner LLP On July 21, 2011, a portion of the Dodd-Frank Act known as the Nonadmitted and Reinsurance Reform Act (15 U.S.C. § 8201, et seq.) (NRRA) took effect. NRRA is one example of the continuing trend of increased federal oversight over state regulation...

Regulation of Reinsurance – New Appleman on Insurance Law Library Edition, Chapter 78

By Kimberly M Welsh, Vice President and Assistant General Counsel, RGA The following chapter discusses important principles of reinsurance regulation today. It begins in Section 78.01 with an overview of the regulatory framework for reinsurers and reinsurance transactions in the United States. Reinsurance...