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Expert Analysis

New Bill Clarifies Foreign Investment Insurance Exception

Law360, New York (July 21, 2015, 10:23 AM EDT) -- On June 25, 2015, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., introduced a bill that would require insurance companies to maintain minimum levels of certain insurance liabilities in order to qualify for the exception to the passive foreign investment company rules applicable to insurance companies....

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