The overdue FIO reports, which are required to be submitted to Congress under the Dodd-Frank Act, include:
- a report on actions that preempt state laws under an international insurance agreement;
- a report on US and global reinsurance markets;
- a report on the Nonadmitted Reinsurance and Reform Act and a review of state regulators' ability to access reinsurance information; and
- the highly anticipated report on insurance system modernization, which includes recommendations to improve the current insurance regulatory system.