A risk retention group trade organization announced today that it is supporting the House bill for uniform regulation of surplus lines insurance, which recently won committee approval.
The National Risk Retention Association said it has endorsed HR 5637, the Nonadmitted and Reinsurance Reform Act of 2006.
HR 5637 was reported out of the House Capital Markets, Insurance and Government Sponsored Enterprises Subcommittee of the Financial Services Committee yesterday.
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