A coalition launched to serve as a representative of risk retention groups has one advocate for the industry wondering if a proliferation of such organizations will dilute the sector's lobbying effectiveness at a critical time.
He, and others in the industry, who declined to be identified, voiced additional concerns that added dues from this latest group could financially burden the captive and RRG members who already belong to several organizations.
The new entry, the American Risk Retention Coalition, was begun by the Self-Insurance Institute of America. Its formation was announced yesterday by James A. Kinder, SIIA chief executive officer.
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