Nonprofit Risk Management Pool Going Under; State Will Step in

credit: Wikipedia

New Hampshire Interlocal Trust is one of four pooled risk-management programs.

Bill would give state authority to oversee them if they face insolvency.

Program helps smaller communities self-insure for employee health insurance or against liability or property damage.

Program is overseen by the Secretary of State's Bureau of SecuritiesA rather than the New Hampshire Insurance Department because the programs are not insurance companies.

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