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Dodd-Frank legislation is passed

15 July 2010

The Dodd-Frank Wall Street Reform and Consumer Protection Act financial services regulatory reform legislation has been passed. Trade groups expressed approval of the act, which includes long-awaited surplus lines reform.

Read more: Dodd-Frank Wall Street Reform and Consumer Protection Act American Insurance Association

The Dodd-Frank Wall Street Reform and Consumer Protection Act financial services regulatory reform legislation has been passed and now goes to the US president for him to sign.

Trade groups expressed approval of the act, which includes long-awaited surplus lines reform.

Leigh Ann Pusey, president and CEO of the American Insurance Association (AIA), commented: “The bill passed today largely recognises that property and casualty insurers do not...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield