Brussels, 05/10/2009 (Agence Europe) - The European Commission announced on Monday 5 October that it was opening a consultation exercise on block exemption in the insurance sector. The current exemption expires on 31 March 2010. According to a report published in March, the Commission is considering reducing the scope of the exemption for the duration of the new regulation, which will apply until 2015 (see EUROPE 9987). In a press release published on Monday, the says that “the revised...