Legal Developments

Captive Insurer Clarification Act Would Correct Unintended Consequences of NRRA

September 4, 2014

In July 2014 Senator Patrick Leahy (D-VT) introduced Senate Bill 2796, which would clarify the definition of nonadmitted insurer under the Nonadmitted and Reinsurance Reform Act (NRRA) of 2010. The legislation is cosponsored by Senator Lindsey Graham (R-SC). Read More