NU Online News Service, Jan. 25, 1:54 p.m. EST
The Obama administration's proposed new tax, that would hit insurers with assets of $50 billion or more, will have a modest dollar cost and credit impact on the insurance industry, Moody's Investors Service said.
Moody's Weekly Credit Outlook also reported that United Kingdom property and casualty insurers could see positive credit implications if a judicial report on controlling litigation costs were adopted.
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