House Subcommittee Hears Comments on Expanding RRG Coverages

A representative of the risk-retention industry as well as the Property Casualty Insurers Association of America today urged Congress to expand the Risk Retention Act to allow risk-retention groups to expand coverage to all commercial property and casualty lines except workers compensation.

By Arthur D. Postal | May 20, 2014 at 11:31 AM

These would include auto physical damage, business interruption, and cyber-liability insurance.

The legislation is the Risk Retention Modernization Act of 2014. Its chief sponsor is Rep. Dennis Ross, R-Fla.

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