Coalition Launched To Address NRRA Confusion On Captive Insurers.
A new coalition of the captive insurance industry has been formed under the leadership of the
NRRA, a subsection of the Dodd-Frank legislation, has caused some confusion over whether it is applicable to captive insurance. This newly formed coalition, called the
“There is a tremendous amount of misinformation being shared about NRRA that is clearly trying to take advantage of the ambiguous language of the Act,” said
The CCIC welcomes industry members to join in the effort to amend the law to provide clear and definitive language in the NRRA and will work with members of
Captive insurance is a regulated form of self-insurance that has existed since the 1960’s, and has been a part of the
VCIA is the largest trade association in the world for captive insurance. Established in 1985, the association has grown to provide programs that support the captive insurance industry on both the state and federal levels for its 450-plus member companies.
For more information on the
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