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A recent bill passed by the U.S. House of Representatives that expands U.S. economic sanctions targeted at Iran’s refined petroleum resources could have significant implications for the insurance and reinsurance industry
HR 2194, the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 ("CISADA") (bill text and bill summary) was passed by Congress on June 24, 2010 and signed into law by President Obama on July 1, 2010
