NU Online News Service, May 20, 3:05 p.m. EDT
After initial fear that tax-sharing agreements of surplus-lines taxes could be doomed, there is new optimism that the vast majority of states will enter into some arrangement.
Recently, three states adopted legislation that will bring them into compliance with the federal Nonadmitted and Reinsurance Reform Act (NRRA) that was adopted under the Dodd-Frank financial-services law.
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