New Hampshire insurance regulators battle with non-profit organization over surplus funds from insurance pools

Insurance regulators in New Hampshire have been clashing with a non-profit organization known as the Local Government Center (LGC). The dispute is centered on how the LGC manages health insurance risk pools for state employees and retirees. The Bureau of Securities Regulation has been investigating the operations of the organization and has released a final report regarding the issue. According to the report, taxpayers may be receiving a big refund from the LGC in the coming months. The report shows that the LGC has merged with several smaller corporations in…

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