Global Trade Alert
Global Trade Alert

United States of America/State of Virginia: Law facilitates the licensing of foreign insurance providers in the state

Announcement

20 Mar 2017

Foreign providers of insurance can more easily be licensed in the Commonwealth of Virginia.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

20 Mar 2017

Revocation date:

No revocation date

Updated: 20 Mar 2017
FDI: Entry and ownership rule In force

On March 20, 2017 the governor of Virginia signed into law a bill (SB1158) that eases the entry of foreign insurance providers into the state market. The bill allows a foreign reciprocal to obtain ...

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