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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

state regulators risk federal preemption of state law unless they adopt such reinsurance collateral reforms within 60 months from September 2017 – the date the Covered Agreement with the European Union (EU) was signed. The deadline for comments is June 12, 2019. The ADWG began considering the relevant revisions to Model 245 in 2017.