Dodd-Frank Wall Street Reform and Consumer Protection Act Will Make Significant Changes in State Insurance Regulation

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Insurance is not the central focus of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”), which President Obama signed into law on July 21, 2010 (Public Law 11-203). However, the Act contains provisions that are likely to have a direct and long-term impact upon state regulation of insurance, reinsurance and nonadmitted insurance.

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