'The NAIC Moves To Facilitate the Implementation of Portions of the Covered Agreement'

[Editor’s note: This article reflects the views of the author, and does not constitute legal or other professional advice or service by Carlton Fields Jorden Burt, PA and/or any of its attorneys. The substance of this article has appeared on the firm’s reinsurance and arbitration blog, www.ReinsuranceFocus.com. Roland C. Goss is the office managing shareholder of the Washington, D.C. office of Carlton Fields Jorden Burt, PA.]

The National Association of Insurance Commissioners (“NAIC”) has started to take steps to facilitate the implementation the reinsurance collateral provisions of the Covered Agreement entered into by the United States and European Union.