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In the News Press Release

Sam Caligiuri Discusses Ramifications of Upcoming Federal Insurance Office Reports on Law360

Publisher: Law360
July 5, 2012

Sam Caligiuri was quoted in a July 5 article on Law360, "Federal Insurance Office Turns Eye To Reinsurance Policy." In the article, which looks at the impact of two reports due out from the Federal Insurance Office (FIO), Sam notes that, "The FIO is going to be under pressure to write a report that's both accurate and sensitive to the hot buttons of everyone who cares about this." He said that some insurers are concerned the reports will lead to the imposition of federal insurance regulation, although the FIO may also influence states to standardize regulation on their own. Beyond the reports, Sam said that the FIO creates, for the first time, "one place that you can go within the federal government that's tasked with helping to interface on behalf of insurance companies on the international front."

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