CITIZENSHIP OF CORPORATIONS AND INSURANCE COMPANIES WITH FOREIGN CONTACTS.

SEC. 102. CITIZENSHIP OF CORPORATIONS AND INSURANCE COMPANIES WITH FOREIGN CONTACTS. Section 1332(c)(1) of title 28, United States Code, is amended— (1) by striking “any State” and inserting “every State and foreign state”; (2) by striking “the State” and inserting “the State or foreign state”; and (3) by striking all that follows “party-defendant,” and inserting“such insurer shall be deemed a citizen of— “(A) every State and foreign state of which the insured is a citizen; “(B) every State and foreign state by which the insurer has been incorporated; and “(C) the State or foreign state where the insurer has its principal place of business; and” .