Top 10 Insurance Laws And Regulations Of The Decade
By Brian Casey, Ben Sykes and Zach Lerner (January 28, 2020, 2:29 PM EST) -- The insurance industry experienced significant and varied forms of new legislation and regulation during the last decade. Below, we highlight what we view as the top 10 of these legal and regulatory changes.
1. Dodd-Frank Act
In response the 2007-2008 financial crisis, Congress acted to implement major legislative reforms for addressing systemic risk in the financial markets through the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. A number of these reforms directly or indirectly affected the insurance industry:
Federal Insurance Office
The FIO is now a unit of the U.S. Department of the Treasury and effectively serves as a...
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