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How does the Nonadmitted and Reinsurance Reform Act ( NRRA ) impact the authority of states regarding the regulation of non - admitted insurers? It
How does the Nonadmitted and Reinsurance Reform Act NRRA impact the authority of states regarding the regulation of nonadmitted insurers?
It grants states complete autonomy in regulating nonadmitted insurers.
It restricts states' authority, providing a uniform framework for regulation.
It has no impact on states' authority in regulating nonadmitted insurers.
It delegates all regulatory functions to a federal agency.
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