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By Karrie Hyatt |
September 29, 2011
In two recent surveys, two-thirds of risk retention group (RRG) and purchasing group (PG) managers indicate they would be in favor of offering property coverage to their members.
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By Karrie Hyatt |
August 4, 2011
While risk-retention groups (RRGs) saw premiums decline in 2010, RRG domiciles last year experienced marked overall growth—and for the first time ever, surplus surpassed total premiums.
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By Karrie Hyatt |
May 2, 2011
The Liability Risk Retention Act (LRRA) will be celebrating its 25th anniversary in October of this year, marking many changes in liability insurance during that time. Changes include establishment of the two entities enabled by the LRRA—risk retention groups (RRGs) and risk purchasing groups (RPGs)—as effective alternative risk transfer vehicles.
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By Karrie Hyatt |
February 15, 2011
As the soft market slowly comes to an end, the high rate of survival for risk retention groups bodes well for the RRG marketplace.
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By Karrie Hyatt |
February 14, 2011
With four new RRGs licensed in the first few weeks of 2001, industry professionals have more hope for the market now than they have in recent years.
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By Karrie Hyatt |
August 9, 2010
As with other sectors of the insurance industry, the risk retention group market has seen a contraction in recent years as a result of the financial crisis, but it is expected to hold steady this year.
