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Reinsurance Department of Insurance

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New Texas Reinsurance Rules for Reciprocal Insurers Take Effect

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The Texas Department of Insurance (“TDI”) adopted new administrative rules for reciprocal reinsurers that took effect on January 1, 2022. According to TDI, the goal of the new reinsurance regulations is to “ensure TDI retains...more

Carlton Fields

Texas Department of Insurance Adopts New Reinsurance Regulations for Reciprocal Insurers

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In November 2021, the Texas Department of Insurance adopted new administrative reinsurance regulations relating to reciprocal reinsurers. The rules took effect on January 1, 2022....more

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Excess and Surplus Lines Laws Manual

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We are happy to provide the 2021 edition of our Excess and Surplus Lines Law Manual. This edition reflects all of the pertinent changes in the surplus lines laws and regulations of the 50 states and U.S. territories during...more

Carlton Fields

District Court Transfers Consideration of Motion to Quash Pursuant to Rule 45(f)

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An Ohio district court invoked Rule 45(f) of the Federal Rules of Civil Procedure in response to a motion to quash by the Ohio Department of Insurance (ODI). The subpoena was issued in connection with a reinsurance-related...more

Carlton Fields

Texas Department Of Insurance Proposes Regulations Implementing Reduced Collateral Credit For Reinsurance Law Passed By Texas...

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We previously reported on the Texas Legislature’s passage in 2017 of Senate Bill 1070, which reduced collateral requirements for foreign reinsurers in order for domestic insurers to receive credit for the reinsurance on their...more

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California DOI Amends Regulation Of Reinsurance

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The California Department of Insurance (DOI) has adopted a set of amendments, effective January 1, 2018, to its regulations regarding reinsurance accounting, agreements and oversight. These changes were made to conform the...more

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Credit For Reinsurance Laws – 2015 Legislative And Regulatory Developments

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During the first half of 2015, state legislatures and state insurance departments continued to revise state credit for reinsurance laws and regulations. The majority of these legislative and regulatory developments are due to...more

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