A letter to Nevada officials requesting that the state stop discriminating against a risk retention group underscores the need for a Government Accountability Office probe into local interference with such federally sanctioned facilities, the counsel for an RRG association contends.
The National Risk Retention Association said it is supporting The Alliance of Nonprofits for Insurance, Risk Retention Group (ANI-RRG) in its response to Nevada's position that the RRG is not allowed to write commercial auto liability coverage in the state.
Nevada is a captive domicile with 25 of its own RRGs formed in the state. ANI-RRG is domiciled in Vermont, but under the federal Liability Risk Retention Act (LRRA) it should be allowed to operate in the state, the RRG contends.
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