For insurance, 2020 will bring attempts toward tort expansion, legislation aimed at adapting to increasing catastrophic events, and fundamental discussions about how insurance works in America. (Photo: iStock) (Photo: iStock)

Citing concern for state market disruptions, the National Association of Mutual Insurance Companies (NAMIC) issued a statement opposing the proposed Nonprofit Property Protection Act (NPPA), an insurance regulation that would allow certain risk-retention groups that serve nonprofit organizations to offer additional types of commercial insurance.

In the statement and in testimony to the House, NAMIC expressed concern over the implications the proposed insurance regulation would have on state marketplaces and consumer protections.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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