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Bill

Bill

SB 661

relative to pooled risk management programs.

2026 Regular Session Introduced by Sharon Carson and 1 co-sponsor

SB 661 establishes or modifies pooled risk management program regulations in New Hampshire to reduce insurance costs for municipalities and nonprofits through shared risk arrangements.

Vetoed by Governor 06/19/2026
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WeVote Research Nonpartisan
Bill Summary · SB 661

Legislative bill overview

SB 661 addresses pooled risk management programs in New Hampshire, likely establishing or modifying regulations for how organizations can collectively manage insurance and liability risks. These programs allow multiple entities to combine resources and share risk exposure rather than purchasing individual policies. The bill has been referred to the Finance Committee and is scheduled for a hearing.

Why is this important

Pooled risk management programs can significantly reduce insurance costs for municipalities, schools, and nonprofits by spreading risk across many participants. However, the structure and oversight of these programs directly affect participant protection, financial stability, and whether costs are fairly distributed among members.

Potential points of contention

  • Regulatory oversight and solvency requirements – What standards must pools maintain to protect member funds if major claims occur?
  • Member liability and exit provisions – Can members leave pools easily, and are they liable for past claims after departure?
  • Rate-setting transparency – How are premiums calculated and adjusted, and who ensures rates reflect actual risk fairly?

Compiled from official sources — confirm details with the bill’s official record.

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