Other US states look to follow Rhode Island run-off push

At least two more states in the US have followed Rhode Island by
introducing legislation that could pave the way for a run-off
sector in the country that looks more like the UK or continental
European market.
The states are mulling rules that would allow insurers to
offload legacy books that are weighing on their balance sheet.
It follows the move by the country's smallest state Rhode
Island, which has put into law a mechanism that allows carriers to
transfer...