NU Online News Service, April 25, 2:35 p.m. EDT
The battle between the National Risk Retention Association and the Government Accountability Office rages on as the private group has publicly criticized a GAO report calling for clarification of a federal law regulating risk retention groups.
The GAO released a report last year in which it defined the domestic risk retention market as healthy overall, but plagued by exorbitant fees levied by individual states taking advantage of loopholes within the Liability Risk Retention Act (LRRA) of 1986.
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