A trade group representing risk retention groups has warned Washington State that it is making an improper effort to change federal law and impose its own regulations on RRGs.
That message delivered by Robert H. Myers Jr., general counsel for the National Risk Retention Association, is the latest in a series of run-ins between states and the RRGs that operate under the federal Liability Risk Retention Act.
However, Mr. Myers said the Washington State move is the first of its kind.
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