FIC: Credit For Reinsurance Bill In Position To Pass
By: Katrina Callaway, FIC General Counsel SB 1376, the OIR backed credit for reinsurance bill that incorporates substantive provisions from the 2017 Covered Agreement between the U.S. and the European Union (EU), passed the Senate on March 9, 2020 with a vote of 38-1 after the Senate heard the bill on Special Order and rolled…