insurance producer raffles News

New Hampshire’s new law removing the monetary cap on prize values at promotional raffles and other similar events conducted by insurance producers went into effect this month. H.B.171 (“An Act relative to rebating”), which was signed by New Hampshire Gov. …

New Hampshire Gov. Maggie Hassan recently signed into law H.B.171 (“An Act relative to rebating”) that would remove the annual $1,000 monetary cap on contests, sweepstakes, raffles or drawings conducted by insurance producers in connection with the marketing or promotion …