Iranian Data Call ... What Next?

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On July 9, 2009, the California Department of Insurance (CDI) issued a Data Call to all insurers admitted in California seeking information on their investments in or related to Iran. The information was due on September 30, 2009.

The purpose for the Data Call is to determine if insurer investments are “sound” and comply with applicable law.

Please see full article below for more information.

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Published In: Business Organization Updates, Insurance Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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