RRGs: The Last Best Hope For State Regs?

Risk retention groups have been one of the most interestingexperiments in insurance regulation in the past half-century.Designed to permit commercial and nonprofit entities to self-insurewhen capacity in the conventional market is limited, RRGs haverecently flourished during the hard market of the past fewyears.

Yet how ironic it is that the National Association InsuranceCommissioners has chosen this time to undertake yet another attackagainst this unique form of alternative risk transfer.

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