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While the recent Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to one industry expert.

The Council of Insurance Agents and Brokers is urging the Federal Insurance Office (FIO) to use its authority to change the current insurance-regulatory system, either through the states or through federal means.

While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.

While the Government Accountability Office (GAO) report on risk-retention groups (RRGs) recommends that Congress pass legislation clarifying certain provisions of the Liability Risk Retention Act (LRRA), it doesnt go far enough, according to an industry expert.

The Council of Insurance Agents and Brokers is urging the Federal Insurance Office to use its authority to change the current insurance regulatory system, either through the states or through federal means.

The Council of Insurance Agents and Brokers is urging the Federal Insurance Office to use its authority to change the current insurance regulatory system, either through the states or through federal means.

Nebraska has dropped out of the Nonadmitted Insurance Multistate Agreement, or NIMA, the compact for parceling out surplus line premiums to the appropriate state supported by the National Association of Insurance Commissioners.

Nebraska has dropped out of the Nonadmitted Insurance Multistate Agreement, or NIMA, the compact for parceling out surplus line premiums to the appropriate state supported by the National Association of Insurance Commissioners.