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The NRRA appears to be largely functioning as intended: simplifying compliance for multistate risks while not altering rates or risk appetite. But industry associations tell the GAO that some states are making eligibility requreiments beyond those called for in the law.
The NRRA appears to be largely functioning as intended: simplifying compliance for multistate risks while not altering rates or risk appetite. But industry associations tell the GAO that some states are making eligibility requreiments beyond those called for in the law.
Wholesalers are currently seeing greater opportunities, but that is largely due to increased exposures from a recovering economy and standard carriers retreating from traditional excess and surplus lines risks rather than significant rate increases, says Burns & Wilcox CEO Alan Kaufman.
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