National Association of Insurance Commissioners Testifies at Hearing Examining the Availability of Insurance for Nonprofits
"The limited oversight of non-domiciliary states in the RRG regulatory framework, coupled with the lack of state-run guaranty fund protection and increased risk of insolvencies associated with RRGs, could expose nonprofit organizations and those who rely upon them to unnecessary risks," testified Lindley-Myers.
The hearing was held by the U.S.
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