To replace a prohibition on an insurer exposing itself to a loss on any one risk or hazard in an amount that exceeds 10 percent of its paid-up capital and surplus. Instead, an existing insurer (but not new ones with certain exceptions) could risk up to half its funds on a single risk or hazard.
73 Yeas / 18 Nays | |
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Excused or Not Voting (16) | |
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