Currently pending in federal district court in Nevada is a case between a risk retention group, the Alliance of Nonprofits for Insurance (ANI), and the Nevada Division of Insurance (NDI).
As the court contemplates its ruling on each party's respective motion for summary judgment, the RRG industry awaits a decision that may reverberate nationwide.
ANI, which has issued policies in Nevada since 2001 and is rated "A-" by A.M. Best, is an RRG domiciled in Vermont and registered in nearly two-dozen states, including Nevada. ANI was formed to issue affordable commercial auto policies to nonprofit organizations—one of the intended beneficiaries of the federal Liability Risk Retention Act (LRRA).
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