Nev. Can't Bar RRG's Minimum Auto Insurance: 9th Circ.

Law360, New York (April 8, 2013, 10:59 PM EDT) -- The Nevada commissioner for insurance cannot bar the Alliance of Nonprofits for Insurance Risk Retention Group from issuing so-called first-dollar automobile insurance policies because of a federal law that prevents state law from restricting such risk retention groups from operating, the Ninth Circuit ruled Monday.

A three-judge panel said that the commissioner’s order is preempted by the Liability Risk Retention Act, which curbs any state requirement that would prevent a risk retention group — a liability insurance company owned by its members — from operating, according...
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