New Florida Law on Reinsurance Goes into Effect in July

A newly-enacted Florida law revises reinsurance statutes, providing insurers with credit for reinsurance and eliminating additional collateral requirements for a reinsurer if it is domiciled in a “reciprocal jurisdiction” and meets other requirements. The measure (SB 728), signed into law …

from News – Insurance Journal https://ift.tt/35CnAuN