HB 1491 (2026)
Change regulation of pooled risk management programs
This bill is still active.
Regulates pooled risk management programs by distinguishing between assessment and advance premium programs, requiring licensure for the latter, and establishing financial solvency standards.
The Senate rewrote the bill. Their version of the bill establishes and regulates political subdivision risk management programs. According to a report from the Senate Finance Committee, "This bill provides an insurance alternative to the RSA 5-B risk pool program. HB 1491 provides for a non-assessable program using Risk Based Capital (RBC) to determine the member rates."
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