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Patricia O'Connell
Senior Communications Manager

New Wiley Rein & Fielding Publication Provides Timely Analyses of Fast-Changing Insurance Regulatory Arena

May 2, 2005

Washington, DC—Wiley Rein & Fielding’s Insurance Regulatory Group is pleased to introduce a new publication, Washington Perspective: The Changing Climate of Insurance Regulation, containing timely analyses of important developments affecting the insurance industry.

For more than 20 years, WRF has provided its clients the full range of Washington representation in the halls of Congress, with the Administration and independent agencies and in judicial review of administrative actions.  In an era when the federal government plays an increasingly important part of insurance regulation, this publication draws on both our familiarity with what is—or may soon be—happening "inside the Beltway" and our in-depth knowledge of the insurance industry to provide insurers with insights that will be of practical, realistic value. 

The inaugural issue of Washington Perspective: The Changing Climate of Insurance Regulation addresses the anticipated “echo” of the federal Sarbanes-Oxley Act by the National Association of Insurance Commissioners in the NAIC’s proposal to extend Sarbanes-Oxley requirements, notably the onerous Section 404 certification requirement,to insurers not subject to U.S. Securities and Exchange Commission jurisdiction.  Future issues will highlight such topics as the pending private suits against brokers and insurers growing out of recent revelations regarding contingent commissions.

Washington Perspective: The Changing Climate of Insurance Regulation is available without charge to the insurance industry and members of the media.